QUESTIONS AND WELL-ELABORATED
ANSWERS/NEW!!GUARANTEED
PASS!!EXAMS FOR NURSING
, A company would like to use a human resources approach that enables more fluid
movement among employees and fosters workforce diversity. Assignment decisions are made
jointly by the headquarters and the field offices.
Which human resource approach should be used by this company? - VERIFIED
ANSWER-Geocentric
Worldwide interconnections in virtually every sphere of activity including the spread of
products, technology, information, and job opportunities. Globalization can result in blurred
boundaries between nations, organizations, and investors - VERIFIED ANSWER-Globalization
The action of buying and selling goods and services - VERIFIED ANSWER-trade
Financial assets such as funds but also equipment, facilities, and other means of
production - VERIFIED ANSWER-capital
To obtain goods or services from an outside or foreign supplier - VERIFIED ANSWER-
outsource
Not for profit organizations that are independent of the government and are active in
humanitarian causes - VERIFIED ANSWER-nongovernmental organizations (NGOs)
, Which type of globalization refers to the international movement of goods, capital, and
services? - VERIFIED ANSWER-Economic
Protects inventions and improvements to existing inventions for a limited period of time
in exchange for detailed public disclosure of those inventions - VERIFIED ANSWER-patents
A government authority or license giving the owner of an invention the right to exclude
others from making or selling the invention for a set period of time - VERIFIED ANSWER-
copyrights
Protection for any word, name, symbol, device, or any combination used in commerce to
identify and distinguish the goods of one manufacturer or seller from goods manufactured or sold
by others - VERIFIED ANSWER-trademarks
A useful or valuable thing; something you own such as building, inventory, or cash -
VERIFIED ANSWER-assets
Being responsible for a debt or financial obligation, something you owe - VERIFIED
ANSWER-liabilities
, A monetary contract between parties - VERIFIED ANSWER-financial instrument
A large corporation incorporated in one country which produces or sells goods or
services in various countries - VERIFIED ANSWER-multinational firms
5 stages of going global - VERIFIED ANSWER-Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization
Stage 3 ~ Value Chain Disaggregation
Stage 4 ~ Value Chain Reengineering
Stage 5 ~ Creation of New Markets
A proportionate savings in costs gained by an increased level of production - VERIFIED
ANSWER-Economies of scale
To develop efficiencies in terms of variety not volume - VERIFIED ANSWER-
Economies of scope