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Exam (elaborations)

HRM 6645 Midterm Exam – Questions With Valid Solutions

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HRM 6645 Midterm Exam – Questions With Valid Solutions

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HRM 6645 Midterm Exam – Questions With Valid
Solutions
PCN Correct Answer - Parent-Country Nationals

HCN Correct Answer - Host-Country Nationals

TCN Correct Answer - Third-Country Nationals

MNE Correct Answer - Multinational Enterprises

SME Correct Answer - Small and Medium-Sized Enterprises

Index of Transnationality Correct Answer - Average of ratios of
foreign assets to total assets; foreign sales to total sales; and foreign
employment to total employment

Inpatriate Correct Answer - The transfer of subsidiary staff
into the parent country headquarters operations.

Multidomestic Industry Correct Answer - One in which
competition in each
country is essentially independent of competition in other countries.
Traditional examples include retailing, distribution, and insurance.

Organizational Culture Correct Answer - the sense of common
identity and purpose across the whole organization

Tax Equalization Correct Answer - These firms withhold an
amount equal to the
home-country tax obligation of the expatriate, and pay all taxes in
the host country

, Asymmetric Events Correct Answer - threats that our political,
strategic and military cultures regard as unusual

Artifacts Correct Answer - Visible organization structures and
processes.

Communitarianism Correct Answer - the rights of the group or
society. It seeks to put the family, group, company and country
before the individual. It sees individualism as selfish and short-
sighted.

Diffuse Culture Correct Answer - a large private life that
includes a relatively large number of people; small public space that
is difficult to enter (e.g. an outsider needs a formal introduction
from a mutual friend in order to do business with a particular
manager); indirect communication; does not always say what is
really meant; no clear distinction between work and private life

High Context Communication Correct Answer - in high context
cultures, a more indirect form of expression is common, where the
receiver must decipher the content of the message from its
context.

Particularism Correct Answer - pays more attention to
individual cases, deciding what is good and correct depending on
relationship and special friendship arrangements.

Power Distance Correct Answer - 'the degree to which
members of a collective expect power to be distributed equally'.

Spatial Distance Correct Answer - The focus of this dimension
is on the
distance between people of various cultures when

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