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D358 Global HR Questions with 100% Verified Correct Answers

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D358 Global HR Questions with 100% Verified Correct Answers

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D358 Global HR Questions with 100% Verified
Correct Answers
Define MNE

All organizations that conduct business outside their countries of origin

Define Global Enterprises

Operate all over the world and have consistent policies and practices throughout their

operations

Define Transitional Firms

Global in scope but decentralized and localized in products, marketing strategies, and

operations

Define IHRM

The study and application of all HRM activities as they impact the process of managing

human resource in enterprises in the global environment

Internationalization and Globalization

Refer to the ever increasing interaction, connectedness, and intervention of individuals,

companies, countries, and cultures

Who tracks the world's Transnational Corporations

The Untied Nations Conference on Trade and Development

Four settings for IHRMs

Headquarters of multinationals, home country subsidiaries of foreign owned firms, domestic

firms, government agencies and non-government organizations

, IHRM located at the Headquarters of multinationals

Working in the central or regional HQs of the traditional MNE

IHRM located in Home Country Subsidiaries of Foreign owned Firms

Working in his or her home country but being employed by a local subsidiary or acquisition

of a foreign MNE

IHRM located in a Domestic Firm

Local firm such as hospital, farm, dry cleaner

IHRM located at Government and Non-Government Organizations

Government agencies, or religious

Strategic Management

The approach that managers employ in running a company and that are derived from the

firms vision and objectives

Strategic Management Process

Organizational vision, mission, and goals, environmental scanning, global strategy

formulation, global strategy implementation, Evaluation and control

Strategy

Signals an organization commitment to specific markets, competitive approaches, and ways

of operating

Portfolio Investment

Financial investment in foreign firms, buying shares of stocks, much as it could do within its

own domestic equities markets

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