SHRM-CP QUESTIONS & ANSWERS 2023/2024 UPDATE | RATED A+

SHRM-CP QUESTIONS & ANSWERS 2023/2024 UPDATE | RATED A+ PESTLE - Answer Political, Economic, Social, Technological, Legal, Environmental Globalization - Answer web of interconnectedness or the movement of people (labor) and knowledge (technology) across borders Foreign Direct Investment (FDI) - Answer the investment of foreign assets into domestic structures, equipment, and organizations Global Remittances - Answer Monies sent back home by migrants working in foreign countries. Diaspora - Answer A mass migration of a group from its homeland to multiple destinations Demographic Dichotomy - Answer Workforce in emerging countries becoming disproportionately young, but in developing countries, aging rapidly. Reverse Innovation - Answer Innovations created for or by emerging-economy markets and then imported to developed-economy markets. hyperconnectivity - Answer increasing digital interconnection of people—and things—anytime and anyplace pushes and pulls - Answer Organizations have been pushed toward globalization in reaction to changes in the business environment. They have been pulled toward change through the promise of achieving greater organizational value through globalization. globalization push factors - Answer A need for new markets; Increased cost pressures and competition; Shortfalls in natural resources and talent supply; Government policies; Trade agreements; A globalized supply chain