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HRM 6645 MIDTERM EXAM LATEST WITH ACTUAL
QUESTIONS AND CORRECT ANSWERS/GRADED A+
PCN (parent- country nationals) - (answers)employees whose nationality is the
same as that of the firm headquarters. A German employee of a German
company who is working at a Chinese subsidiary.
HCN (host-country nationals) - (answers)are employees who have the same
nationality as the local subsidiary. This could be a Chinese employee working at
the Chinese subsidiary of the German company
TCN (Third-country nationals) - (answers)are employees whose nationality is
different from that of either the headquarters or the subsidiary office. In the
above scenario, this might mean an Indian employee working at the Chinese
office of the German company.
MNE (multinational enterprise) - (answers)company that has a worldwide
approach to markets, production and/or operations in several countries. A
corporation that is registered in more than one country or which functions in
more than one country. It is a kind of organization which both produces and
manufactures its goods and services in more than one country.
SME (small or medium-sized enterprise) - (answers)are non-subsidiary,
independent firms which employ fewer than a given number of employees
Index of Transnationality - (answers)A means of ranking multinational
corporations that is employed by economists and politicians; which is an
average of ratios of foreign assets to total assets; foreign sales to total sales;
and foreign employment to total employment.
Inpatriate - (answers)An employee of a multinational company who is from a
foreign country, but is transferred from a foreign subsidiary to the corporation's
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headquarters. The transfer of subsidiary staff into the parent country
(headquarters) operations
Expatriate - (answers)An expatriate is an employee who is working and
temporarily residing in a foreign country.
Multidomestic Industry - (answers)An industry in which competition takes
place on a country-by-country basis. One in which competition in each country
is essentially independent of competition in other countries. Traditional
examples include retailing, distribution and insurance. At the other end of the
continuum is the global industry, one in which a firm's competitive position in
one country is significantly influenced by its position in other countries
Organizational Culture - (answers)is defined as the sense of common identity
and purpose across the whole organization.
Tax Equalization - (answers)firms withhold an amount equal to the home-
country tax obligation of the expatriate, and pay all taxes in the host country
Asymmetric Events - (answers)have been described as threats that our
political, strategic and military cultures regard as unusual. Difficult to plan for
and deal with.
Artifacts - (answers)are described as visible organization structures and
processes
Communitarianism - (answers)is about the rights of the group or society. It
seeks to put the family, group, company and country before the individual. It
sees individualism as selfish and short-sighted.
HRM 6645 MIDTERM EXAM LATEST WITH ACTUAL
QUESTIONS AND CORRECT ANSWERS/GRADED A+
PCN (parent- country nationals) - (answers)employees whose nationality is the
same as that of the firm headquarters. A German employee of a German
company who is working at a Chinese subsidiary.
HCN (host-country nationals) - (answers)are employees who have the same
nationality as the local subsidiary. This could be a Chinese employee working at
the Chinese subsidiary of the German company
TCN (Third-country nationals) - (answers)are employees whose nationality is
different from that of either the headquarters or the subsidiary office. In the
above scenario, this might mean an Indian employee working at the Chinese
office of the German company.
MNE (multinational enterprise) - (answers)company that has a worldwide
approach to markets, production and/or operations in several countries. A
corporation that is registered in more than one country or which functions in
more than one country. It is a kind of organization which both produces and
manufactures its goods and services in more than one country.
SME (small or medium-sized enterprise) - (answers)are non-subsidiary,
independent firms which employ fewer than a given number of employees
Index of Transnationality - (answers)A means of ranking multinational
corporations that is employed by economists and politicians; which is an
average of ratios of foreign assets to total assets; foreign sales to total sales;
and foreign employment to total employment.
Inpatriate - (answers)An employee of a multinational company who is from a
foreign country, but is transferred from a foreign subsidiary to the corporation's
, 2
headquarters. The transfer of subsidiary staff into the parent country
(headquarters) operations
Expatriate - (answers)An expatriate is an employee who is working and
temporarily residing in a foreign country.
Multidomestic Industry - (answers)An industry in which competition takes
place on a country-by-country basis. One in which competition in each country
is essentially independent of competition in other countries. Traditional
examples include retailing, distribution and insurance. At the other end of the
continuum is the global industry, one in which a firm's competitive position in
one country is significantly influenced by its position in other countries
Organizational Culture - (answers)is defined as the sense of common identity
and purpose across the whole organization.
Tax Equalization - (answers)firms withhold an amount equal to the home-
country tax obligation of the expatriate, and pay all taxes in the host country
Asymmetric Events - (answers)have been described as threats that our
political, strategic and military cultures regard as unusual. Difficult to plan for
and deal with.
Artifacts - (answers)are described as visible organization structures and
processes
Communitarianism - (answers)is about the rights of the group or society. It
seeks to put the family, group, company and country before the individual. It
sees individualism as selfish and short-sighted.
