WGU D358 Study Guide C 722 | UPDATED Questions with 100%
Verified Answers
Question:
MNE
Answer:
Multinational Enterprises - companies opperating in multiple countries
Question:
Global Enterprises
Answer:
typically refer to companies that operate on an internation scale.
Question:
Transnational Firms
Answer:
are recognized as the most advanced and integrated form of multinational enterprise
(MNE). These firms operate globally while simultaneously achieving global efficiency,
local responsiveness, and worldwide learning.
Question:
International Human Resources Management
Answer:
is the process of recruiting, developing, managing, and retaining employees in a global
context, while adapting to cultural, legal, political, and economic differences across
countries.
Question:
What are the 11 drivers of the internationalization of business?
Answer:
1. Decreased trade barriers through trade agreements and treaties. 2. Search for new
markets and reduced costs. 3 Rapid and extensive global communication. 4. Rapid
development and transfer of new technology, including improved transportation. 5.
,Increadsed travel and migration, exposure to new countries and cultures. 6. Knowledge
sharing across borders. 7. E-Commerce. 8. Homogenization of culture and consumer
demands. 9. Global Internet and social media, television, music, moveis, sports,
publications and news. 10. Competitiveness of emerging market MNEs and SMEs, 11.
Global pressure to locate and hire the best human talent.
Question:
Describe the growth and spread of internationalization.
Answer:
Because of the rapid development of these drivers, internationalization has been
spreading rapidly, although the recent focus on nationalization and the global pandemic
has slowed some of this drive to internationalize.
Question:
What are the four different settings of international resource
management?
Answer:
1. Headquarters of multinationals. 2. Home country subsidiaries of foreign-owned firms. 3.
domestic firms (e.g. immigrant employees) 4. Government agencies and non-
governmental organizations. Setting Scope HR FocusDomestic One country National
workforce, domestic HR lawsInternational Exports only Occasional global
assignmentsMultinational (MNE) Multiple countries Local adaptation, regional HR
practicesGlobal/Transnational Fully integrated worldwide Global strategy with local
flexibility
Question:
What are the similarities between globalization vs.
internationalization?
Answer:
both terms refer to the ever-increasing interaction, connectedness, and integration of
individuals, companies, countries and cultures.
Question:
,Who tracks the world's Transnational Corporations (TNCs)?
Answer:
The United Nations Conference on Trade and Development
Question:
What does a HR professional working in a domestic firm do?
Answer:
An HR professional in a domestic firm manages the human resource functions within a
single country, operating under one national legal system, one culture, and usually one
language.
Question:
What does a HR professional working in a home country
subsidiaries of foreign-owned firms do?
Answer:
These HR professionals work for a subsidiary located in their own country, but the
headquarters (HQ) is based abroad. They must balance local compliance and culture
with the expectations of the foreign parent company.
Question:
What does a HR professional working in the headquarters of a
multinational organization do?
Answer:
HR professional working at the headquarters (HQ) of a multinational organization (MNO)
plays a strategic and global coordination role. Their work influences HR operations
across all international subsidiaries and regions. These HR professionals are based at the
global HQ (often in the MNO's home country) and oversee or support HR functions
company-wide, including subsidiaries in multiple countries.
Question:
What does a HR professional working for government
agencies or non-governmental organizations do?
Answer:
, HR professionals working for government agencies or non-governmental organizations
(NGOs) play a critical role in supporting global missions with unique operational
challenges. Their role differs from corporate HR in terms of purpose, structure, and
constraints. These organizations operate internationally and often work in humanitarian
aid, development, health, education, or diplomacy.
Question:
Integration
Answer:
refers to the process of aligning and coordinating HR strategies, policies, and practices
across all parts of a multinational organization, to ensure consistency with overall
business goals and global strategy.
It's about creating a unified global approach, while still allowing for local adaptations
when needed.
Question:
Local Responsiveness
Answer:
refers to an organization's ability to adapt its HR practices, policies, and strategies to the
cultural, legal, economic, and social conditions of each local market where it operates.
It's about customization to meet local needs, rather than applying one-size-fits-all global
standards.
Question:
Ethnocentrism
Answer:
is the belief that one's own culture, country, or ethnic group is superior to others.
It involves judging other cultures by the standards of your own and often leads to
misunderstandings or mismanagement in international settings.
Question:
Poly-centrism/Regio-centrism
Answer:
Verified Answers
Question:
MNE
Answer:
Multinational Enterprises - companies opperating in multiple countries
Question:
Global Enterprises
Answer:
typically refer to companies that operate on an internation scale.
Question:
Transnational Firms
Answer:
are recognized as the most advanced and integrated form of multinational enterprise
(MNE). These firms operate globally while simultaneously achieving global efficiency,
local responsiveness, and worldwide learning.
Question:
International Human Resources Management
Answer:
is the process of recruiting, developing, managing, and retaining employees in a global
context, while adapting to cultural, legal, political, and economic differences across
countries.
Question:
What are the 11 drivers of the internationalization of business?
Answer:
1. Decreased trade barriers through trade agreements and treaties. 2. Search for new
markets and reduced costs. 3 Rapid and extensive global communication. 4. Rapid
development and transfer of new technology, including improved transportation. 5.
,Increadsed travel and migration, exposure to new countries and cultures. 6. Knowledge
sharing across borders. 7. E-Commerce. 8. Homogenization of culture and consumer
demands. 9. Global Internet and social media, television, music, moveis, sports,
publications and news. 10. Competitiveness of emerging market MNEs and SMEs, 11.
Global pressure to locate and hire the best human talent.
Question:
Describe the growth and spread of internationalization.
Answer:
Because of the rapid development of these drivers, internationalization has been
spreading rapidly, although the recent focus on nationalization and the global pandemic
has slowed some of this drive to internationalize.
Question:
What are the four different settings of international resource
management?
Answer:
1. Headquarters of multinationals. 2. Home country subsidiaries of foreign-owned firms. 3.
domestic firms (e.g. immigrant employees) 4. Government agencies and non-
governmental organizations. Setting Scope HR FocusDomestic One country National
workforce, domestic HR lawsInternational Exports only Occasional global
assignmentsMultinational (MNE) Multiple countries Local adaptation, regional HR
practicesGlobal/Transnational Fully integrated worldwide Global strategy with local
flexibility
Question:
What are the similarities between globalization vs.
internationalization?
Answer:
both terms refer to the ever-increasing interaction, connectedness, and integration of
individuals, companies, countries and cultures.
Question:
,Who tracks the world's Transnational Corporations (TNCs)?
Answer:
The United Nations Conference on Trade and Development
Question:
What does a HR professional working in a domestic firm do?
Answer:
An HR professional in a domestic firm manages the human resource functions within a
single country, operating under one national legal system, one culture, and usually one
language.
Question:
What does a HR professional working in a home country
subsidiaries of foreign-owned firms do?
Answer:
These HR professionals work for a subsidiary located in their own country, but the
headquarters (HQ) is based abroad. They must balance local compliance and culture
with the expectations of the foreign parent company.
Question:
What does a HR professional working in the headquarters of a
multinational organization do?
Answer:
HR professional working at the headquarters (HQ) of a multinational organization (MNO)
plays a strategic and global coordination role. Their work influences HR operations
across all international subsidiaries and regions. These HR professionals are based at the
global HQ (often in the MNO's home country) and oversee or support HR functions
company-wide, including subsidiaries in multiple countries.
Question:
What does a HR professional working for government
agencies or non-governmental organizations do?
Answer:
, HR professionals working for government agencies or non-governmental organizations
(NGOs) play a critical role in supporting global missions with unique operational
challenges. Their role differs from corporate HR in terms of purpose, structure, and
constraints. These organizations operate internationally and often work in humanitarian
aid, development, health, education, or diplomacy.
Question:
Integration
Answer:
refers to the process of aligning and coordinating HR strategies, policies, and practices
across all parts of a multinational organization, to ensure consistency with overall
business goals and global strategy.
It's about creating a unified global approach, while still allowing for local adaptations
when needed.
Question:
Local Responsiveness
Answer:
refers to an organization's ability to adapt its HR practices, policies, and strategies to the
cultural, legal, economic, and social conditions of each local market where it operates.
It's about customization to meet local needs, rather than applying one-size-fits-all global
standards.
Question:
Ethnocentrism
Answer:
is the belief that one's own culture, country, or ethnic group is superior to others.
It involves judging other cultures by the standards of your own and often leads to
misunderstandings or mismanagement in international settings.
Question:
Poly-centrism/Regio-centrism
Answer:
