Exam 16: Global Human Resource Management

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The cognitive component of intercultural competence training is most likely to include:

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Explain the necessity of global leadership development and describe the elements that should be included in a global development plan.

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Multinational organizations focus on developing employees who can manage people and operations in diverse environments. Competencies needed for global leadership are more complex than those focused on only one country. In addition to core leadership skills such as future orientation, empathy and concern for others, ethics and integrity, and team development, the global leader must also be able to work across cultures and contexts. Managers operating in a global setting need to manage paradoxes, appreciate the unique attributes of each context, and communicate effectively across time and geography.
A series of studies on global leadership, commonly known as the GLOBE studies, resulted in the identification of leadership profiles for various societies or cultures. Different leadership styles may be required to successfully lead organizations in various countries. Leaders who recognize and value diverse cultures will be more effective than those who view the world from only one perspective. Consulting company I4cp recommends incorporating the following elements into a global development plan:
Make global cultural fluency an organization-wide priority.
Tap into the best minds inside and outside of the organization to share knowledge and stories.
Offer a diverse slate of hard and soft skills development.
Leverage strategic workforce planning to determine skills gaps and to identify candidates for succession plans from the global workforce.
Leadership development programs for diversified MNEs should include participants from both developed and emerging economies. Managers from developed countries can learn firsthand about distinct cultural attributes from representatives working in less-developed countries. Likewise, those from emerging economies can interact with participants from developed nations and learn about the organization's sophisticated practices. Such cross-fertilization increases knowledge sharing and speeds up the development of all participants.

Japan and Germany top the list for hosting the highest number of multinational enterprises.

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According to critics, which of the following alliances, formed in 1994, has encouraged employers in the United States to relocate jobs to Mexico where pay is much lower than in the United States?

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In the context of economic interdependence, identify a true statement about globalization.

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For an expatriate, the ability to communicate in the host-country language, both verbally and in writing, is one of the key competencies for success.

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Codetermination refers to the shared mind-set of a group of people that distinguishes them from others in the world.

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Which of the following statements is true of a transnational company with a regiocentric approach?

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In the context of economic interdependence, which of the following is a concern of the critics of globalization?

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Explain the North American Free Trade Agreement.

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Identify a true statement regarding globalization.

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Two locomotive manufacturing companies have become partners in a special project to build a final assembly plant for their engines in China. The two companies will share ownership and risk in the investment. However, each company will retain its original business identity. Which of the following business forms does this scenario exemplify?

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In the context of the country culture dimensions developed by Dutch scholar Geert Hofstede, explain the indulgence versus restraint dimension.

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Discuss the differences between equity business forms and non-equity business forms.

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An organization that adopts a geocentric orientation places an emphasis on utilizing the best ideas and practices from anywhere in the world.

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Companies seek global expansion to decrease their economies of scale.

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Discuss the challenges involved in global human resource management.

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Jazz is a high-end handbag manufacturing firm based in Italy. It has achieved peak sales and profits in the home-country market. Jazz now wants to cater to the different fashion sensibilities of women across the world. The firm sets up facilities for production, marketing, and sales in the United States, India, and Japan. Which of the following is most likely the reason for Jazz's global expansion?

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Define a multinational enterprise.

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In the context of the dimensions of country cultures developed by Dutch scholar Geert Hofstede, a hierarchical society is most likely to have high scores on _____.

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