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D358 Study Guide Q's 6- 15. Exam Questions And Answers 100% Guaranteed Pass.

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D358 Study Guide Q's 6- 15. Exam Questions And Answers 100% Guaranteed Pass. What is common law? - Answerlong standing general principles to which everyone is subject to based on tradition as stated in the constitution, past practices, and legal precedents set by the courts through interpretation of the constitution, legislative statues, and past rulings. What is civil code or law? - Answerall-inclusive system of written rules, of which there are three types; commercial civil, and criminal. specific defining basic rights and duties What is religious law? - AnswerIslamic law or sharia which refers to the way muslims should live or the path they must follow What does the world trade organization (WTO) do? - Answerinternational body in which multilateral tariff reductions are negotiated, reductions in non-tariff trade barriers are negotiated, and internal trade disputes are reviewed and adjudicated What does the European Union (EU) do? - Answermost highly developed economic trade treaty. designed around reduced tariffs and freer trade. Has become a social and political union as well. Defines minimum set of rules to be observed by member countries. The intent is to raise the standard in the poorer countries, which encouraging countries that want to do so, to move to even higher levels of worker protections or to, at least, maintain their already high standards What is the USMCA? - Answerbetween Canada, US, and Mexico in 1994. aimed at promoting greater trade and closer economic ties between the three member countries List the Latin America and Asian trade agreements? - AnswerLatin America and Asia signed for free circulation of goods and services and the adoption of common trade and tariff policies between four latin American counties (argentina, brazil, paraguay, and uruguay) What is an emerging interdisciplinary field that refers to the processes of influencing foreign government policy and regulatory decisions that affect global trade? - AnswerCommercial Diplomacy Under Global Legal/Regulatory Context of MNEs, what must IHR Mangers do? - Answerunderstand international employee relations form all perspectives. develop IHR policy and make decisions that can be applied in all countries. ©THEBRIGHT 2024/2025 ALL RIGHTS RESERVED. 2 | P a g e List some major issue for IHRM under comparative law? - Answerimmigration regulations, data privacy, anti-discrimination laws, termination laws, and intellectual property protection. What is Etical Relativism? - Answerwhat is right is whatever a society defines as right. There are no absolute rights or wrongs What is Ethical Absolutism? - Answerthere is a single set of universal ethical standards or principles, which apply at all times, in all circumstances, in all cultures What is Cosmoplitanism? - Answerreconciling seemingly opposing differences in ethical choices and requires debate, effort, and compromise. But such solutions are far from easy for the diverse employees of the MNE and its international managers An example of ethical dilemmas in IHRM is an employment practice that is illegal or viewed as wrong in the home country but is legal or acceptable in the host country. - AnswerTRUE Codes of conduct should be defined as the "company culture". - AnswerTrue Corporate governance refers to the basis upon which decisions are made in organizations - AnswerTRUE Many MNEs are beginning to pay attention to their roles as corporate citizens. - AnswerTRUE CSR consists of the mindset only. - AnswerFALSE Describe union membership? - Answernumber of people eligible to join a union MNE and labor relations must hare what? - AnswerShare decision-making power with unions Which countries (according to your text) tend to be very political and generally achieve their objectives through political action rather than through direct collective bargaining? - AnswerEngland, France, Italy and those in Latin America What are work councils? - Answercouncils are made up of elected representatives of the firms workforce and have the tight to receive information and provide consultation relative to many decision that a firm makes What are codetermination? - Answerlegal requirement in which employees are represented on supervisory boards or boars of directors and participate in major strategic decisions What is a work co-operatives? - Answerworker owned business and other institutions What is one of the greatest pressures for IHRM and MNEs? - Answerincreased possibility of litigation What are some of the ligation risks for international employee relations? - Answererrors in judgments and decisions in foreign jurisdictions, and mistakes when dealing with foreign employees and international assignees There is strong interest today in the labor movement to cross borders and join together for the achievement of their common

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©THEBRIGHT 2024/2025 ALL RIGHTS RESERVED.




D358 Study Guide Q's 6- 15. Exam Questions
And Answers 100% Guaranteed Pass.



What is common law? - Answer✔long standing general principles to which everyone is subject
to based on tradition as stated in the constitution, past practices, and legal precedents set by the
courts through interpretation of the constitution, legislative statues, and past rulings.
What is civil code or law? - Answer✔all-inclusive system of written rules, of which there are
three types; commercial civil, and criminal. specific defining basic rights and duties
What is religious law? - Answer✔Islamic law or sharia which refers to the way muslims should
live or the path they must follow
What does the world trade organization (WTO) do? - Answer✔international body in which
multilateral tariff reductions are negotiated, reductions in non-tariff trade barriers are negotiated,
and internal trade disputes are reviewed and adjudicated
What does the European Union (EU) do? - Answer✔most highly developed economic trade
treaty. designed around reduced tariffs and freer trade. Has become a social and political union
as well. Defines minimum set of rules to be observed by member countries. The intent is to raise
the standard in the poorer countries, which encouraging countries that want to do so, to move to
even higher levels of worker protections or to, at least, maintain their already high standards
What is the USMCA? - Answer✔between Canada, US, and Mexico in 1994. aimed at promoting
greater trade and closer economic ties between the three member countries
List the Latin America and Asian trade agreements? - Answer✔Latin America and Asia signed
for free circulation of goods and services and the adoption of common trade and tariff policies
between four latin American counties (argentina, brazil, paraguay, and uruguay)
What is an emerging interdisciplinary field that refers to the processes of influencing foreign
government policy and regulatory decisions that affect global trade? - Answer✔Commercial
Diplomacy
Under Global Legal/Regulatory Context of MNEs, what must IHR Mangers do? -
Answer✔understand international employee relations form all perspectives. develop IHR policy
and make decisions that can be applied in all countries.



1|Page

, ©THEBRIGHT 2024/2025 ALL RIGHTS RESERVED.

List some major issue for IHRM under comparative law? - Answer✔immigration regulations,
data privacy, anti-discrimination laws, termination laws, and intellectual property protection.
What is Etical Relativism? - Answer✔what is right is whatever a society defines as right. There
are no absolute rights or wrongs
What is Ethical Absolutism? - Answer✔there is a single set of universal ethical standards or
principles, which apply at all times, in all circumstances, in all cultures
What is Cosmoplitanism? - Answer✔reconciling seemingly opposing differences in ethical
choices and requires debate, effort, and compromise. But such solutions are far from easy for the
diverse employees of the MNE and its international managers
An example of ethical dilemmas in IHRM is an employment practice that is illegal or viewed as
wrong in the home country but is legal or acceptable in the host country. - Answer✔TRUE
Codes of conduct should be defined as the "company culture". - Answer✔True
Corporate governance refers to the basis upon which decisions are made in organizations -
Answer✔TRUE

Many MNEs are beginning to pay attention to their roles as corporate citizens. - Answer✔TRUE
CSR consists of the mindset only. - Answer✔FALSE

Describe union membership? - Answer✔number of people eligible to join a union

MNE and labor relations must hare what? - Answer✔Share decision-making power with unions
Which countries (according to your text) tend to be very political and generally achieve their
objectives through political action rather than through direct collective bargaining? -
Answer✔England, France, Italy and those in Latin America

What are work councils? - Answer✔councils are made up of elected representatives of the firms
workforce and have the tight to receive information and provide consultation relative to many
decision that a firm makes
What are codetermination? - Answer✔legal requirement in which employees are represented on
supervisory boards or boars of directors and participate in major strategic decisions
What is a work co-operatives? - Answer✔worker owned business and other institutions

What is one of the greatest pressures for IHRM and MNEs? - Answer✔increased possibility of
litigation
What are some of the ligation risks for international employee relations? - Answer✔errors in
judgments and decisions in foreign jurisdictions, and mistakes when dealing with foreign
employees and international assignees
There is strong interest today in the labor movement to cross borders and join together for the
achievement of their common labor-related missions. - Answer✔TRUE

2|Page

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