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D358- Global Human Resource Management/Section 1: Lessons 1-7 Question and answers rated A+ 2026

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D358- Global Human Resource Management/Section 1: Lessons 1-7 Question and answers rated A+ 2026

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D358- Global Human Resource Management/Section 1:
Lessons 1-7 Question and answers rated A+ 2026

1. Multinational
Organizations that conduct business outside of their country of origin.
En-terprise
(MNE)
The study and application of all HRM activities as they impact the
2. International
process of managing human resources in enterprises in the global
Hu-man
environment.
Resource
Management

3. Globalization Ever-increasing interaction, connectedness, and integration of
individuals, com-panies, counties, and cultures.

4. What does United Nations Conference on Trade and Development
UNC-TAD
stand for?
Tracks and analyzes the worlds transnational corporations and their
5. What does contribution to the worlds economy.
UNC-TAD do?
Transfer of employees between foreign subsidiaries and HQs and
6. International between for-eign locales.
As-signees
(IA) Successful, initially small, domestic companies-frequently in
emerging markets-that are going abroad and becoming MNEs.
7. Domestic
Multi- Approaches that managers employ in running a company and that are
nationals derived from the firms vision and objectives.

8. Strategic
Man-
agement

9. Strategic Interna- The part of IHRM that focuses on creating and implementing IHRM
policies and tional Human Re- practices that help achieve an MNEs international
vision and objectives. source Manage-


, ment (SIHRM)

10. Strategy An organizations commitment to specific markets, competitive approaches
and
ways of operating.

11. Licensing the rights to manufacture or market ones products or services






, D358- Global Human Resource Management/Section 1: Lessons 1-7

Operations
through
licensing

12. Operatio Organization puts together a package of the "successful
ns ingredients" that made them a success in their home market and
through then sells this to overseas investors.
franchisi
ng
Contact the manufacture or assembly of a firms products to and existing
13. Operatio local firm.
ns
through
contract-
ing/sub-
contract-ing
Involves paying someone else in the foreign country who provides all
14. Internationa the neces-sary organizational site or location and management, enabling
l the establishment of the foreign operation without having to pay the
profession expenses of setting up a foreign operation.
al
employer
organizatio Developed several ways, including greenfield or brownfield projects
n (PEO) or through acquisitions of existing foreign owned businesses.

15. Wholly a business that is jointly owned and operated by two or more firms
Owned (usually
Subsidiaries

16. International
Joint Venture (IJV) one from the host country and the other from another country) that pool
their resources (labor, capital, technology, and management) to penetrate
host country markets, generate and split profits, and share commercial
risk


, 17. Internationa One of the preferred market entry methods in both developed and
l Mergers emerging markets in order to most easily consolidate the scope of
and activities and the parent firms position in the global marketplace.
Acquisition
s

18. Informal or formal partnerships that do not result in an independent legal
entity.

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