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

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UNCTAD is an abbreviation for __________.

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Individuals who are residents of the organization's home country who are sent offshore on assignment are called __________.

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Which are the common areas of conflict in a joint venture?

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A(n)__________ involves the purchase of an up-and-running business that has established suppliers and customers.

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Strategic alliances permit organizations to share risk and expenses,and also enable each partner to tap into and benefit from the strengths of the other.

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It is difficult to operate in a decentralized fashion in a multilocal industry because of the high need for coordination.

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Hofstede's work on culture and its impact on managing HR within an international environment was conducted in the 1960's and '70's.It is interesting that

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List a few reasons for organizations to expand their business interests beyond their national boundaries?

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Technological innovations,lower costs associated with skilled labor,and direct access to growing markets are all putting pressure on companies to decrease global expansion.

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Large corporations such as Walmart,are generally successful when they decide to embark on ventures within foreign markets,and because of their size,do not need to be concerned about the complexities associated with international HR issues within smaller companies.

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