Question 1

A company that exports,as a means to sell its products in foreign markets will

Accepted Answer

A) Have a direct investment in a foreign market. 
B) Increase sales volume allowing for better management of the costs associated with research and development 
C) Avoid the high cost of transportation fees and tariffs and maintain a competitive advantage. 
D) Enable individuals to take advantage of existing advertising and training to ensure success. 
E) Maintain exclusivity with one other company to distribute product and control their brand in the foreign country. 
A) Have a direct investment in a foreign market. 
B) Increase sales volume allowing for better management of the costs associated with research and development 
C) Avoid the high cost of transportation fees and tariffs and maintain a competitive advantage. 
D) Enable individuals to take advantage of existing advertising and training to ensure success. 
E) Maintain exclusivity with one other company to distribute product and control their brand in the foreign country.

Question 2

When determining how to compensate expatriates,an advantage of the "going-rate approach" is that

Accepted Answer

A) the expatriate is kept whole during the assignment because his pay is similar to the pay that would have been received for working the same job in their home county 
B) locals perceive the pay as fair because the expatriate is paid at a rate that is similar to the pay received by local employees of that company who have similar position, performance and experience. 
C) it is an effective means to reduce costs because you are offering the expatriate the ability to choose from a variety of benefit options that are appropriate to the location of the expatriate assignment. 
D)  although it is a high cost approach, the ability of the expatriate to save on housing and social expenses while on assignment makes expatriate assignments in countries with low pay levels more attractive. 
E) with the increase in dual income families, this options provides an incentive for both the employee of the company and their spouse to accept an expatriate assignment 
A) the expatriate is kept whole during the assignment because his pay is similar to the pay that would have been received for working the same job in their home county 
B) locals perceive the pay as fair because the expatriate is paid at a rate that is similar to the pay received by local employees of that company who have similar position, performance and experience. 
C) it is an effective means to reduce costs because you are offering the expatriate the ability to choose from a variety of benefit options that are appropriate to the location of the expatriate assignment. 
D)  although it is a high cost approach, the ability of the expatriate to save on housing and social expenses while on assignment makes expatriate assignments in countries with low pay levels more attractive. 
E) with the increase in dual income families, this options provides an incentive for both the employee of the company and their spouse to accept an expatriate assignment

Question 3

Individuals from societies with a short-term orientation expect quick results,personal steadiness and stability,and place less emphasis on status.

Accepted Answer

A) True 
 B)False

Question 4

An agreement that allows an independent organization or individual to run a business using the name of an established business for a fee is known as.

Accepted Answer

A) franchising 
B) exporting 
C) licensing 
D) contract manufacturing 
E) management contract 
A) franchising 
B) exporting 
C) licensing 
D) contract manufacturing 
E) management contract

Question 5

In __________ industries,a firm's competitive position in one country is significantly affected by its position in other countries.

Accepted Answer

A) Local 
B) Decentralized 
C) Centralized 
D) Global 
E) Multilocal 
A) Local 
B) Decentralized 
C) Centralized 
D) Global 
E) Multilocal

Question 6

What differentiates domestic HR from international HR?

Accepted Answer

The domestic and international

Question 7

Which of the following statement best describes host-country nationals?

Accepted Answer

A) Individuals who have proven themselves in the local marketplace. 
B) Individuals who are residents of the organization's home country who are sent offshore on assignment 
C) Individuals contributing important information, perspective, and decision-making factors. 
D) Individuals attaching more importance to freedom and challenges in job. 
E) Individuals who are residents of countries in which a foreign subsidiary is located. 
A) Individuals who have proven themselves in the local marketplace. 
B) Individuals who are residents of the organization's home country who are sent offshore on assignment 
C) Individuals contributing important information, perspective, and decision-making factors. 
D) Individuals attaching more importance to freedom and challenges in job. 
E) Individuals who are residents of countries in which a foreign subsidiary is located.

Question 8

Factors associated with a company's task environment influence a company's decision to invest in the international market.

Accepted Answer

A) True 
 B)False

Question 9

Licensing is one means of entering a foreign market.

Accepted Answer

A) True 
 B)False

Question 10

The level of decentralization and empowerment within a culture can be understood by a reference to the ______ within that culture.

Accepted Answer

A) Individualism 
B) Power distance 
C) Dichotomy 
D) Short-term orientation 
E) Collectivism 
A) Individualism 
B) Power distance 
C) Dichotomy 
D) Short-term orientation 
E) Collectivism

Question 11

List few reasons why a company would choose exports as an option for international commerce.

Accepted Answer

Most companies export in order to increa

Question 12

An organization's degree of foreign investment in relation to its domestic investment does not play a role in increasing the complexity of managing HR internationally.

Accepted Answer

A) True 
 B)False

Question 13

What factors influence the decision to invest in a particular international market?

Accepted Answer

First a company should find out about th

Question 14

Pepsi provides Heineken with its formula or agrees to supply the cola syrup and Heineken adds carbonated water,packages it in appropriate containers,and sells it in the Netherlands.Pepsi cannot enter into a similar agreement with another firm to sell Pepsi in the Netherlands,and Heineken cannot alter the product,nor can it begin duplicating other Pepsi products (such as Lays Potato Chips)without a separate agreement.This is an example of:

Accepted Answer

A) Franchising. 
B) Exporting. 
C) Licensing. 
D) Contract manufacturing. 
E) Management contracts. 
A) Franchising. 
B) Exporting. 
C) Licensing. 
D) Contract manufacturing. 
E) Management contracts.

Question 15

Explain the merits and demerits of licensing and franchising to the licensors,licensees,franchisors,and franchisees.

Accepted Answer

The merits include: 
(a)licensees and fr

Question 16

While multinational corporations sell their brand of product in multiple global locations,they typically use raw materials sourced from a local source.

Accepted Answer

A) True 
 B)False

Question 17

The UNCTAD index is based on a composite of ratios including:

Accepted Answer

A) Foreign assets, sales, and debt. 
B) Domestic sales, employment and profit. 
C) Foreign assets, employment, and profit. 
D) Foreign assets, sales, and employment. 
E) Domestic assets, employment and sales. 
A) Foreign assets, sales, and debt. 
B) Domestic sales, employment and profit. 
C) Foreign assets, employment, and profit. 
D) Foreign assets, sales, and employment. 
E) Domestic assets, employment and sales.

Question 18

Explain the differences between licensing and franchising,licensor and franchiser,and licensee and franchisee.Use examples to illustrate.

Accepted Answer

Licensing is when a firm (licensor)lease

Question 19

A major disadvantage to joint ventures is the potential for conflict between the partners.

Accepted Answer

A) True 
 B)False

Question 20

HR within a global company is complex because of the different cultures,politics and laws that exist between locations.

Accepted Answer

A) True 
 B)False

A company that exports,as a means to sell its products in foreign markets will

When determining how to compensate expatriates,an advantage of the "going-rate approach" is that

Individuals from societies with a short-term orientation expect quick results,personal steadiness and stability,and place less emphasis on status.

An agreement that allows an independent organization or individual to run a business using the name of an established business for a fee is known as.

In __________ industries,a firm's competitive position in one country is significantly affected by its position in other countries.

What differentiates domestic HR from international HR?

Which of the following statement best describes host-country nationals?

Factors associated with a company's task environment influence a company's decision to invest in the international market.

Licensing is one means of entering a foreign market.

The level of decentralization and empowerment within a culture can be understood by a reference to the ______ within that culture.

List few reasons why a company would choose exports as an option for international commerce.

An organization's degree of foreign investment in relation to its domestic investment does not play a role in increasing the complexity of managing HR internationally.

What factors influence the decision to invest in a particular international market?

Explain the merits and demerits of licensing and franchising to the licensors,licensees,franchisors,and franchisees.

While multinational corporations sell their brand of product in multiple global locations,they typically use raw materials sourced from a local source.

The UNCTAD index is based on a composite of ratios including:

Explain the differences between licensing and franchising,licensor and franchiser,and licensee and franchisee.Use examples to illustrate.

A major disadvantage to joint ventures is the potential for conflict between the partners.

HR within a global company is complex because of the different cultures,politics and laws that exist between locations.

Strategic Human Resource Management in a Changing Environment

The Legal Environment of Hrm: Equal Employment Opportunity

Work Analysis and Design

Human Resource Planning and Recruitment

Personnel Selection

Performance Management and Appraisal

Training and Development

Career Development

Compensation: Base Pay and Fringe Benefits

Rewarding Performance

Managing the Employment Relationship

Labor Relations and Collective Bargaining

Employee Health and Safety

Filters

Exam 2: The Role of Globalization in HR Policy and Practice

A company that exports,as a means to sell its products in foreign markets will

When determining how to compensate expatriates,an advantage of the "going-rate approach" is that

Individuals from societies with a short-term orientation expect quick results,personal steadiness and stability,and place less emphasis on status.

An agreement that allows an independent organization or individual to run a business using the name of an established business for a fee is known as.

In __________ industries,a firm's competitive position in one country is significantly affected by its position in other countries.

What differentiates domestic HR from international HR?

Which of the following statement best describes host-country nationals?

Factors associated with a company's task environment influence a company's decision to invest in the international market.

Licensing is one means of entering a foreign market.

The level of decentralization and empowerment within a culture can be understood by a reference to the ______ within that culture.

List few reasons why a company would choose exports as an option for international commerce.

An organization's degree of foreign investment in relation to its domestic investment does not play a role in increasing the complexity of managing HR internationally.

What factors influence the decision to invest in a particular international market?

Explain the merits and demerits of licensing and franchising to the licensors,licensees,franchisors,and franchisees.

While multinational corporations sell their brand of product in multiple global locations,they typically use raw materials sourced from a local source.

The UNCTAD index is based on a composite of ratios including:

Explain the differences between licensing and franchising,licensor and franchiser,and licensee and franchisee.Use examples to illustrate.

A major disadvantage to joint ventures is the potential for conflict between the partners.

HR within a global company is complex because of the different cultures,politics and laws that exist between locations.

Strategic Human Resource Management in a Changing Environment

The Legal Environment of Hrm: Equal Employment Opportunity

Work Analysis and Design

Human Resource Planning and Recruitment

Personnel Selection

Performance Management and Appraisal

Training and Development

Career Development

Compensation: Base Pay and Fringe Benefits

Rewarding Performance

Managing the Employment Relationship

Labor Relations and Collective Bargaining

Employee Health and Safety

Filters