SHRM-CP Workplace Situational Questions and Answers

What is a key paradox of globalization today? a. Despite the depth and breadth of globalization, most EEs work within a few hundred kilometers of their birthplace b. Despite the importance of environmental and political forces, globalization today remains a purely economic phenomenon c. The rise of global technologies has, ironically, made global trade more difficult d. The growth of developing nations, notably China and India, has forced developed nations to become less global in their trade policies A What is one of the three considerations for understanding global forces? a. The various PESTLE-type forces shaping globalization today are each isolated and can best be understood in terms of their unique individual effects b. The effects of any given global force will be felt consistently and universally across the globe c. Any given global force will have equal but opposite effects in emerging countries versus developed countries d. While the effects of a given globalization force are global, their impact may be uniquely felt by different cultures, industries, and organizations D What term has been coined to describe the age and education differences in emerging versus developed economies? a. Diaspora b. Demographic dichotomy c. Globalization d. Reverse innovation B What type of product would provide an example of reverse innovation? a. A more expensive version of an existing product targeted for emerging economiesb. a copycat product created via reverse engineering c. A product made by or for an emerging economy that is then sold in developed economies d. A "new" product that is actually a much older version of an existing product C What is a good example of a "pull" factor attracting organizations toward globalization? a. Globalized supply chain b. Government policies that promote outward foreign investment c. Shortfalls in natural resources and talent supply d. Increased cost pressures and competition B The choice whether to emphasize global integration or local responsivness is generally determined by a mix fo four types of drivers. What driver type is being examined when considering the availability of global distribution networks? a. Market drivers b. Cost drivers c. Governmental drivers d. Competitive drivers A What globalization strategy is most likely to benefit a small organization whose brand is not well established? a. Identity alignment b. Identity diversity c. Process alignment d. Process diversity A What term describes the globalization strategy of a firm that exports its products or services to foreign countries while developing processes and strategy in the home country? a. International b. Multidomestic c. Globald. Transnational