1. SMART Specific, Measurable, Attainable, Relevant, Timebound
2. Extraterritoriality Extends the power of a country's laws over it citizens outside that country's sover-
eign national boundaries.
3. Porter's "Five Framework was originally designed to identify industries that were likely to be
Forces" profitable and would provide a roi. Threat of substitution, entry, bargaining power
of suppliers, bargaining power of buyers, rivalry among competitors( influenced
by all 4)
4. Schein's Lauer of Basic assumptions (implicit culture), norms and values, artifacts and products
Culture (explicit culture)
5. Due process Concept that laws are enforced through accepted, codified procedures
6. Histogram Graphically depicts the sorting of data into groups arranged in the shape of a
statistical distribution, showing a central tendency and dispersion around that
tendency.
7. Scatter Diagram Plots data points against two variables that form the chart's x and y axes. Each axis
is scaled. The pattern formed by the plotted data describes the correlation between
the two variables.
8. Rule of Law No individual is beyond the reach of the law and the authority is exercised only in
accordance with written and publicly disclosed laws
9. Alliances, part- Which growth strategy is commonly used to accelerate path to globalization?
nerships and ac-
quisitions
10. Impoverished Detached from the team process, forcing the team to struggle on its own. The
Manager impoverished manager is committed to nether task nor people. Part of Blake-Mou-
ton's behavioral leadership theory.
, SHRM SCP Test Questions and Answers Rated A
11. Leader-member Refers to the degree of confidence, trust, and respect that followers have in their
relations leadership.
12. Environmental Process that systematically surveys and interprets relevant data, such as economic
Scanning trends, to identify external opportunities and threats. This process is conducted to
assess how these factors attect the organization currently and how they will attect
the organization in the future
13. Strategic alliance Is a formal agreement between two or more companies to collaborate resources
but not equity. Create synergy based on the partners' strengths and technical
capabilities.
14. Joint Venture An agreement between two or more partners to create a new economic entity. Both
contribute to equity and share in revenues, expenses and control
15. Yield Ratio Calculated at various stages in recruitment as well as at the end. Example is
qualified applicants/total applicants
16. Assessment Cen- A method of evaluating candidates who are presented with content-valid workplace
ters situations to which they respond and who are then evaluated on their responses
17. Geocentric approach ignores nationality in favor of ability and seeks the best people for key
jobs. Staflng policies in an organization with a geocentric focus maximize the
long-term strength of the global organization
18. Managerial Esti- Consist of projections made by the managers. This works in two ways: from the
mates down or the bottom up. The success of this method is entirely dependent upon
the quality of info provided to managers to use in making estimates a
19. Best of Breed IT solutions each support ditterent HR function, multiple vendors are necessary to
manager multiple HR functions.
20. Risk Register Documents risks that been identified, assessments, management strategy, and
individuals responsible for implementing and monitoring the strategy. While it