SHRM CP EXAM HR in the Global Context
Study Guide with Complete Solutions
Foreign Direct Investment - Answer✔✔-Investment of foreign assests into domestic structures
equipment organizations; leading indicator of shift and major feature of globalization; foreign
assets equipment money risk terriosm
Diaspora - Answer✔✔-mass migration from homeland to multiple destinations; brain drain
them better opportunities Chicago has Polish Italian Mexican etc
Demographic Dichotomy - Answer✔✔-younger workforce emerging economies aging workforce
in developed economies
reverse innovation - Answer✔✔-innovations created for or by emerging markets and then
imported to developed markets
Global Intergration GI - Answer✔✔-Integration in this together; policies consistent recruit same
way ethnocentric
Local Responsiveness LR - Answer✔✔-polyentric; focused on local market customers;
customizations unique to them local vendors example Pepsi same everywhere but also different
flavors in different places
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