Question 1

What is the difference between an ethnocentric and a polycentric staffing approach?

Accepted Answer

A)  An ethnocentric staffing approach alleviates cultural myopia, while a polycentric staffing approach can lead to cultural myopia. 
B)  An ethnocentric staffing approach is more expensive compared to a polycentric staffing approach. 
C)  An ethnocentric staffing approach seeks host-country nationals for all key positions, while a polycentric staffing approach seeks the best people for key jobs regardless of nationality. 
D)  An ethnocentric staffing approach is now used in most international businesses, while the polycentric staffing approach is on the wane. 
A)  An ethnocentric staffing approach alleviates cultural myopia, while a polycentric staffing approach can lead to cultural myopia. 
B)  An ethnocentric staffing approach is more expensive compared to a polycentric staffing approach. 
C)  An ethnocentric staffing approach seeks host-country nationals for all key positions, while a polycentric staffing approach seeks the best people for key jobs regardless of nationality. 
D)  An ethnocentric staffing approach is now used in most international businesses, while the polycentric staffing approach is on the wane.

Question 2

Discuss corporate culture.How is corporate culture related to a firm's performance?

Accepted Answer

Corporate culture refers to the organiza

Question 3

Which of the following is mainly concerned with the selection of employees for particular jobs?

Accepted Answer

A)  Retention policy 
B)  Staffing policy 
C)  Incentive policy 
D)  Appraisal policy 
A)  Retention policy 
B)  Staffing policy 
C)  Incentive policy 
D)  Appraisal policy

Question 4

Should a firm pay executives in different countries according to the prevailing standards in each country,or should it equalize pay on a global basis?

Accepted Answer

Substantial differences exist in the com

Question 5

What are the four strategies pursued by international companies,and what is the role of HRM in these?

Accepted Answer

The four strategies pursued by internati

Question 6

Consider the allowance component of a typical expatriate compensation package.What types of allowance are included in this component?

Accepted Answer

There are four types of allowances that

Question 7

An ethnocentric approach is compatible with both global standardization and transnational strategies.

Accepted Answer

A) True 
 B)False

Question 8

A firm's performance appraisal systems are an important element of its control systems.

Accepted Answer

A) True 
 B)False

Question 9

How can firms reduce the bias in performance appraisals of expatriate managers?

Accepted Answer

Unintentional bias makes it difficult to

Question 10

Expatriate failure refers to:

Accepted Answer

A)  expatriates who follow host-country norms instead of their home-country norms. 
B)  the inability of expatriate managers to treat foreign nationals as if they were home-country nationals. 
C)  the premature return of an expatriate manager to his or her home-country. 
D)  the ethical drawbacks of the ethnocentric staffing approach. 
A)  expatriates who follow host-country norms instead of their home-country norms. 
B)  the inability of expatriate managers to treat foreign nationals as if they were home-country nationals. 
C)  the premature return of an expatriate manager to his or her home-country. 
D)  the ethical drawbacks of the ethnocentric staffing approach.

Question 11

How can polycentric approach to staffing result in the creation of a "federation" within the firm? Why is this a disadvantage for the firm?

Accepted Answer

A polycentric approach can lead to a gap

Question 12

An executive who performs well in a domestic setting may not be able to adapt to managing in a different cultural setting.

Accepted Answer

A) True 
 B)False

Question 13

The international trade secretariats (ITS)have had virtually no real success.Which of the following is NOT a cause of the ITS's ineffectiveness?

Accepted Answer

A)  National unions compete with each other to attract investment from international businesses. 
B)  The structure and ideology of unions tend to vary significantly from country to country. 
C)  Organized labor has had only limited success in its efforts to get national and international bodies to regulate multinationals. 
D)  The codes of conduct developed by International Labor Organization and the Organization for Economic Cooperation and Development prevented the ITSs from exercising absolute power. 
A)  National unions compete with each other to attract investment from international businesses. 
B)  The structure and ideology of unions tend to vary significantly from country to country. 
C)  Organized labor has had only limited success in its efforts to get national and international bodies to regulate multinationals. 
D)  The codes of conduct developed by International Labor Organization and the Organization for Economic Cooperation and Development prevented the ITSs from exercising absolute power.

Question 14

If a firm is serious about building an international cadre,it may have to pay its international executives the same basic salary irrespective of their country of origin or assignment.

Accepted Answer

A) True 
 B)False

Question 15

An expatriate's base salary normally varies from the base salary for a similar position in the home country.

Accepted Answer

A) True 
 B)False

Question 16

What are the three actions taken by organized labor to respond to the increased bargaining power of multinationals? How successful have these efforts been?

Accepted Answer

Organized labor has responded to the inc

Question 17

Where an expatriate community exists,firms often devote lesser effort to ensuring that the new expatriate family is quickly integrated into that group.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is a concern of organized labor regarding multinational firms?

Accepted Answer

A)  A company can counter a union's bargaining power with the power to move production to another country. 
B)  An international business will keep low-skilled tasks in its home country and farm out only highly skilled tasks to foreign plants. 
C)  An international business can attempt to import employment practices and contractual agreements from its host-country. 
D)  A multinational company is more likely to receive government support in the case of hostile labor relations. 
A)  A company can counter a union's bargaining power with the power to move production to another country. 
B)  An international business will keep low-skilled tasks in its home country and farm out only highly skilled tasks to foreign plants. 
C)  An international business can attempt to import employment practices and contractual agreements from its host-country. 
D)  A multinational company is more likely to receive government support in the case of hostile labor relations.

Question 19

An expatriate needs to have language fluency to show willingness to communicate.

Accepted Answer

A) True 
 B)False

Question 20

What are the three types of training for expatriate managers?

Accepted Answer

Training can help a manager and spouse c

What is the difference between an ethnocentric and a polycentric staffing approach?

Discuss corporate culture.How is corporate culture related to a firm's performance?

Which of the following is mainly concerned with the selection of employees for particular jobs?

Should a firm pay executives in different countries according to the prevailing standards in each country,or should it equalize pay on a global basis?

What are the four strategies pursued by international companies,and what is the role of HRM in these?

Consider the allowance component of a typical expatriate compensation package.What types of allowance are included in this component?

An ethnocentric approach is compatible with both global standardization and transnational strategies.

A firm's performance appraisal systems are an important element of its control systems.

How can firms reduce the bias in performance appraisals of expatriate managers?

Expatriate failure refers to:

How can polycentric approach to staffing result in the creation of a "federation" within the firm? Why is this a disadvantage for the firm?

An executive who performs well in a domestic setting may not be able to adapt to managing in a different cultural setting.

The international trade secretariats (ITS)have had virtually no real success.Which of the following is NOT a cause of the ITS's ineffectiveness?

If a firm is serious about building an international cadre,it may have to pay its international executives the same basic salary irrespective of their country of origin or assignment.

An expatriate's base salary normally varies from the base salary for a similar position in the home country.

What are the three actions taken by organized labor to respond to the increased bargaining power of multinationals? How successful have these efforts been?

Where an expatriate community exists,firms often devote lesser effort to ensuring that the new expatriate family is quickly integrated into that group.

Which of the following is a concern of organized labor regarding multinational firms?

An expatriate needs to have language fluency to show willingness to communicate.

What are the three types of training for expatriate managers?

Globalization

National Differences in Political Economy, and Legal Systems

National Differences in Economic Development

Differences in Culture

Ethics, corporate Social Responsibility, and Sustainability

International Trade Theory

Government Policy and International Trade

Foreign Direct Investment

Regional Trade Pacts Give the Mexican Auto Industry an Edge

The Foreign Exchange Market

The International Monetary System

The Global Capital Market

The Strategy of International Business

The Organization of International Business

Entry Strategy and Strategic Alliances

Exporting, importing, and Countertrade

Global Production and Supply Chain Management

Global Marketing and Rd

Accounting and Finance in the International Business

Filters

Exam 19: Global Human Resource Management

What is the difference between an ethnocentric and a polycentric staffing approach?

Discuss corporate culture.How is corporate culture related to a firm's performance?

Which of the following is mainly concerned with the selection of employees for particular jobs?

Should a firm pay executives in different countries according to the prevailing standards in each country,or should it equalize pay on a global basis?

What are the four strategies pursued by international companies,and what is the role of HRM in these?

Consider the allowance component of a typical expatriate compensation package.What types of allowance are included in this component?

An ethnocentric approach is compatible with both global standardization and transnational strategies.

A firm's performance appraisal systems are an important element of its control systems.

How can firms reduce the bias in performance appraisals of expatriate managers?

Expatriate failure refers to:

How can polycentric approach to staffing result in the creation of a "federation" within the firm? Why is this a disadvantage for the firm?

An executive who performs well in a domestic setting may not be able to adapt to managing in a different cultural setting.

The international trade secretariats (ITS)have had virtually no real success.Which of the following is NOT a cause of the ITS's ineffectiveness?

If a firm is serious about building an international cadre,it may have to pay its international executives the same basic salary irrespective of their country of origin or assignment.

An expatriate's base salary normally varies from the base salary for a similar position in the home country.

What are the three actions taken by organized labor to respond to the increased bargaining power of multinationals? How successful have these efforts been?

Where an expatriate community exists,firms often devote lesser effort to ensuring that the new expatriate family is quickly integrated into that group.

Which of the following is a concern of organized labor regarding multinational firms?

An expatriate needs to have language fluency to show willingness to communicate.

What are the three types of training for expatriate managers?

Globalization

National Differences in Political Economy, and Legal Systems

National Differences in Economic Development

Differences in Culture

Ethics, corporate Social Responsibility, and Sustainability

International Trade Theory

Government Policy and International Trade

Foreign Direct Investment

Regional Trade Pacts Give the Mexican Auto Industry an Edge

The Foreign Exchange Market

The International Monetary System

The Global Capital Market

The Strategy of International Business

The Organization of International Business

Entry Strategy and Strategic Alliances

Exporting, importing, and Countertrade

Global Production and Supply Chain Management

Global Marketing and Rd

Accounting and Finance in the International Business

Filters