with Verified Answers
Trade agreements, new markets and reduced costs, global communication, new
technology, education and talent pool, travel and migration, knowledge sharing, e-
commerce, homogenization of culture and customer demands - CORRECT
ANSWER What are the drivers of internationalization of business?
Began with large firms from major developed countries - CORRECT ANSWER
Describe the growth and spread of internationalization.
Headquarters of multinationals, home country subsidiaries of foreign-owned
firms, domestic firms, government agencies and non-governmental organizations -
CORRECT ANSWER What are the different settings of international resource
management?
The study and application of all HRM activities as they impact the process of
managing human resources in enterprises in the global environment - CORRECT
ANSWER What is international human resource management (IRHM)?
both terms refer to the ever-increasing interaction, interconnectedness, and
integration of people, companies, cultures, and countries - CORRECT ANSWER
What are the similarites between globalization vs. internationalization?
contributing to adding expertise to the global market - CORRECT ANSWER IHRM
plays an important role in?
, The United Nations Conference on Grand and Development (UNCTAD) - CORRECT
ANSWER Who tracks the world's Transnational Corporations (TNCs)?
hiring immigrants, manage competition form foreign firms for customers and
suppliers, dealing with competition of foreign owned firms in resource and
employees - CORRECT ANSWER What does domestic firms do?
integrate a local national culture plus the foreign organizational culture into local
operations, different communication styles, worker motivation and philosophies,
and organizational structures, understanding of host countries markets,
employment laws and practices, and language - CORRECT ANSWER What does a
home country subsidiaries of foreign-owned firms do?
international assignees, global planning in talent management and global
workforce, applies HRM policies and practices directly to foreign subsidiaries or
merge is HRM policies and practices with those that are common in the host
counties of subsidiaries - CORRECT ANSWER What does a headquarter of
multinationals do?
send people form their parent countries and also employe local and third-country
people to staff their actives around the globe. - CORRECT ANSWER What do
government agencies and non-governmental organizations do?
TRUE - CORRECT ANSWER Human resource management professionals work in
the central or regional headquarters of the traditional MNE.
FALSE - CORRECT ANSWER HR managers must integrate a regional and
organizational culture into the operations.