Response the below question in word limit of 200 words each and use APA format:
Discuss the key components of an international compensation program. Give an example of one of these components and how it has affected a company of your choice.
1. Describe some categories of basis-for-pay of strategic pay systems.
2. List the objectives of international compensation for an employee. Which of these would be the most important to you? Why?
3. Present the general objectives of international compensation for a firm.
4. Describe the advantages and disadvantages of the going rate approach to international compensation and the balance sheet approach.