WGU D358 IHRM OA| Objective Assessment (Cram
Sheet
Expertise 1 Session 1
Expertise 1 Session 2
Expertise 1, Session 3
Expertise 1, Session 4
Expertise 1, Session 5
Expertise 1, Session 6
Expertise 1, Session 7
Expertise 2, Session 1
Expertise 2, Session 2
Expertise 2, Session 3
Expertise 2, Session 4
Expertise 2, Session 5
Expertise 3, Session 1
Expertise 3, Session 2
Expertise 3, Session 3
Expertise 1, Session 1
An Organization that owns or controls business operations in two or more counties.
Global Enterprises: "enterprises that operate all over the world and have consistent
policies and practices throughout their operations.
Transnational Firms: "global in scope but decentralized and localized in products,
marketing strategies, and operations"
International Human Resources Management: "the study and application of all human
resource management activities as they impact the process of managing human
resources in enterprises in the global environment."
What are the 11 drivers of the internationalization of business?
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. Increased 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, movies, sports, publications, and
news.
10. Competitiveness of emerging market MNEs and SMEs.
11. Global pressure to locate and hire the best human talent.
Describe the growth and spread of internationalization: internationalization has grown
from a slow, elite process into a mainstream business strategy, spreading across
industries, regions, and firm size-reshaping how companies manage people, processes,
and performance around the world.
What are the four different settings of international resource management:
1. Headquarters of a Multinational Enterprise (MNE): Focus: Developing global HR
strategies and ensuring alignment across all international operations.
2. Subsidiaries and Foreign Affiliates: Focus: Implementing HR policies in a way that fits
local laws, culture, and labor practices.
3. International Assignments (Expatriates and Global Mobility): Focus: Managing
employees who are temporarily or permanently relocated to foreign locations.
)
, 4. Non-Governmental Organizations (NGOs), Government Agencies, and Other
International Organizations: Focus: Managing international teams often working in
volatile, under-resourced, or cross-cultural environments.
What are the similarities between globalization vs. internationalization?
1. Cross-Border Activities
Both involve expanding business operations beyond national borders, whether
through trade, investment, or establishing subsidiaries.
2. Need for International HRM
Both require firms to manage human resources across different countries, dealing
with cultural, legal, and economic differences.
3. Focus on Global Markets
Companies engaging in either globalization or internationalization seek growth and
competitiveness in foreign markets.
4. Dependence on International Talent
Both strategies often involve recruiting, developing, and managing international
workforces—including expatriates, third-country nationals, and host-country
nationals.
5. Both refer to how individual companies, countries, etc. are connected. Globalization
in reference to economies and internationalization in reference to individual
organizations.
Who tracks the world's Transnational Corporations (TNCs)?
United Nations Conference on Trade and Development (UNCTAD) monitors and reports
on global trends in foreign direct investment (FDI) and the activities of TNCs.
It publishes the World Investment Report, which provides:
Rankings of the largest transnational corporations by foreign assets.
Data on the number of foreign affiliates, employment abroad, and international
revenues.
Analysis of global investment flows and the economic impact of TNCs in both developed
and developing countries.
What does an HR professional working in a domestic firm do?
The HR professional working in a domestic firm assists with the hiring of employees
from other countries, cultures, etc. They must be able to develop skills for IHRM if their
company does ultimately go globally.
What does an HR professional working in home country subsidiaries of foreign-owned
firms do?
)
Sheet
Expertise 1 Session 1
Expertise 1 Session 2
Expertise 1, Session 3
Expertise 1, Session 4
Expertise 1, Session 5
Expertise 1, Session 6
Expertise 1, Session 7
Expertise 2, Session 1
Expertise 2, Session 2
Expertise 2, Session 3
Expertise 2, Session 4
Expertise 2, Session 5
Expertise 3, Session 1
Expertise 3, Session 2
Expertise 3, Session 3
Expertise 1, Session 1
An Organization that owns or controls business operations in two or more counties.
Global Enterprises: "enterprises that operate all over the world and have consistent
policies and practices throughout their operations.
Transnational Firms: "global in scope but decentralized and localized in products,
marketing strategies, and operations"
International Human Resources Management: "the study and application of all human
resource management activities as they impact the process of managing human
resources in enterprises in the global environment."
What are the 11 drivers of the internationalization of business?
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. Increased 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, movies, sports, publications, and
news.
10. Competitiveness of emerging market MNEs and SMEs.
11. Global pressure to locate and hire the best human talent.
Describe the growth and spread of internationalization: internationalization has grown
from a slow, elite process into a mainstream business strategy, spreading across
industries, regions, and firm size-reshaping how companies manage people, processes,
and performance around the world.
What are the four different settings of international resource management:
1. Headquarters of a Multinational Enterprise (MNE): Focus: Developing global HR
strategies and ensuring alignment across all international operations.
2. Subsidiaries and Foreign Affiliates: Focus: Implementing HR policies in a way that fits
local laws, culture, and labor practices.
3. International Assignments (Expatriates and Global Mobility): Focus: Managing
employees who are temporarily or permanently relocated to foreign locations.
)
, 4. Non-Governmental Organizations (NGOs), Government Agencies, and Other
International Organizations: Focus: Managing international teams often working in
volatile, under-resourced, or cross-cultural environments.
What are the similarities between globalization vs. internationalization?
1. Cross-Border Activities
Both involve expanding business operations beyond national borders, whether
through trade, investment, or establishing subsidiaries.
2. Need for International HRM
Both require firms to manage human resources across different countries, dealing
with cultural, legal, and economic differences.
3. Focus on Global Markets
Companies engaging in either globalization or internationalization seek growth and
competitiveness in foreign markets.
4. Dependence on International Talent
Both strategies often involve recruiting, developing, and managing international
workforces—including expatriates, third-country nationals, and host-country
nationals.
5. Both refer to how individual companies, countries, etc. are connected. Globalization
in reference to economies and internationalization in reference to individual
organizations.
Who tracks the world's Transnational Corporations (TNCs)?
United Nations Conference on Trade and Development (UNCTAD) monitors and reports
on global trends in foreign direct investment (FDI) and the activities of TNCs.
It publishes the World Investment Report, which provides:
Rankings of the largest transnational corporations by foreign assets.
Data on the number of foreign affiliates, employment abroad, and international
revenues.
Analysis of global investment flows and the economic impact of TNCs in both developed
and developing countries.
What does an HR professional working in a domestic firm do?
The HR professional working in a domestic firm assists with the hiring of employees
from other countries, cultures, etc. They must be able to develop skills for IHRM if their
company does ultimately go globally.
What does an HR professional working in home country subsidiaries of foreign-owned
firms do?
)
