HRM6645 Midterm – Questions With Correct
Solutions
PCN (parent- country nationals) Correct Answer - employees
whose nationality is the same as that of the firm headquarters. A
German employee of a German company who is working at a
Chinese subsidiary.
HCN (host-country nationals) Correct Answer - are employees
who have the same nationality as the local subsidiary. This could be
a Chinese employee working at the Chinese subsidiary of the
German company
TCN (Third-country nationals) Correct Answer - are
employees whose nationality is different from that of either the
headquarters or the subsidiary office. In the above scenario, this
might mean an Indian employee working at the Chinese office of the
German company.
MNE (multinational enterprise) Correct Answer - company
that has a worldwide approach to markets, production and/or
operations in several countries. A corporation that is registered in
more than one country or which functions in more than one country.
It is a kind of organization which both produces and manufactures
its goods and services in more than one country.
SME (small or medium-sized enterprise) Correct Answer - are
non-subsidiary, independent firms which employ fewer than a given
number of employees
Index of Transnationality Correct Answer - A means of ranking
multinational corporations that is employed by economists and
politicians
, Inpatriate Correct Answer - An employee of a multinational
company who is from a foreign country, but is transferred from a
foreign subsidiary to the corporation's headquarters.
Expatriate Correct Answer - an employee who is working and
temporarily residing in a foreign country.
Multidomestic Industry Correct Answer - An industry in which
competition takes place on a country-by-country basis. One in which
competition in each country is essentially independent of
competition in other countries.
Organizational Culture Correct Answer - is defined as the
sense of common identity and purpose across the whole
organization.
Tax Equalization Correct Answer - employee pays no more and
no less tax while on assignment than they would have paid had they
remained in their home country.
Asymmetric Events Correct Answer - have been described as
threats that our political, strategic and military cultures regard as
unusual. Difficult to plan for and deal with.
Artifacts Correct Answer - are described as visible
organization structures and processes
Communitarianism Correct Answer - is about 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.
Solutions
PCN (parent- country nationals) Correct Answer - employees
whose nationality is the same as that of the firm headquarters. A
German employee of a German company who is working at a
Chinese subsidiary.
HCN (host-country nationals) Correct Answer - are employees
who have the same nationality as the local subsidiary. This could be
a Chinese employee working at the Chinese subsidiary of the
German company
TCN (Third-country nationals) Correct Answer - are
employees whose nationality is different from that of either the
headquarters or the subsidiary office. In the above scenario, this
might mean an Indian employee working at the Chinese office of the
German company.
MNE (multinational enterprise) Correct Answer - company
that has a worldwide approach to markets, production and/or
operations in several countries. A corporation that is registered in
more than one country or which functions in more than one country.
It is a kind of organization which both produces and manufactures
its goods and services in more than one country.
SME (small or medium-sized enterprise) Correct Answer - are
non-subsidiary, independent firms which employ fewer than a given
number of employees
Index of Transnationality Correct Answer - A means of ranking
multinational corporations that is employed by economists and
politicians
, Inpatriate Correct Answer - An employee of a multinational
company who is from a foreign country, but is transferred from a
foreign subsidiary to the corporation's headquarters.
Expatriate Correct Answer - an employee who is working and
temporarily residing in a foreign country.
Multidomestic Industry Correct Answer - An industry in which
competition takes place on a country-by-country basis. One in which
competition in each country is essentially independent of
competition in other countries.
Organizational Culture Correct Answer - is defined as the
sense of common identity and purpose across the whole
organization.
Tax Equalization Correct Answer - employee pays no more and
no less tax while on assignment than they would have paid had they
remained in their home country.
Asymmetric Events Correct Answer - have been described as
threats that our political, strategic and military cultures regard as
unusual. Difficult to plan for and deal with.
Artifacts Correct Answer - are described as visible
organization structures and processes
Communitarianism Correct Answer - is about 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.
