GLOBAL HRM EXAM 1 WITH COMPLETE SOLUTIONS 100%
VERIFIED 2025-2026!!
international HRM - ANSWER>>-the study and application of all HRM activities as they
impact the process of managing HR in enterprises in the global environment
-the success or failure of an enterprises is often a function of how it handles this
drives of internationalization of business - ANSWER>>-trade agreements
-search for new markets and reduced costs
-rapid and extensive global communication
-rapid development and transfer of new technology
Increased global education and a pool of talent in the world;
Increased travel and migration;
Shared knowledge;
e-commerce
The homogenization of culture and consumer demands;
Trade agreements
-trade between countries and within regions of the world is constantly rising on a global
basis
-open markets and lowered trade barriers are leading to economies that are faster
growing throughout the word
-support and encourage thru gov
-The center of Global Trade is moving away from Developed Countries
find new markets - ANSWER>>-global competition comes from anywhere and
,everywhere
-competition forces organizations to look for opportunities in other countries
Low-cost Country Sourcing (LCCS) - ANSWER>>a procurement strategy whereby
companies source materials from countries with lower labor and production costs so as
to reduce operating costs
-examples of costs that may be minimized
-labor costs
-material cost
-marketing cost
-legal costs
-taxes
rapid and extensive global communication ANSWER>>-the technological revolution
has made global communication much easier, quicker, cheaper and more varied
-enables the spread of information on a global basis about
--how people live
--what they think
--what they want
-creates global expectations for an ever-increasing quality of life
rapid development and transfer of new technology ANSWER>>-new tech are
developed around the world and are made available everywhere
-new technologies now make it possible to develop and build products and deliver
services of world-class quality at world-class prices virtually anywhere.
-new education and IT enable every
More educated and talented global labour pool - ANSWER>>-improving global
education is enabling firms everywhere to produce world-class products and services
-no country or set of countries has overwhelming dominance in the global economy
, -there is now an international talent pool that enables firms to operate almost anywhere
in the world today
greater mobility and migration- ANSWER>>-it is easier, faster, and cheaper to travel
internationally
-millions of people migrate to other countries to find work
-in 2013. 232 million people of 3.2 % of the world's population, were international
migrants, compared with 175 million in 2000 and 154 million in 1990
top 10 countries hosting international migrants - ANSWER>>1. US = 45.8%
2. Russia = 11%
3. Germany = 9.8%
4. Saudi Arabia = 9.1%
5. UK= 7.8%
6. United Arab Emirates = 7.8 %
7. France= 7.4%
8. Canada = 7.3 %
9. Spain = 6.5%
10. Australia= 6.5%
knowledge sharing - ANSWER>>-firms operating internationally "export" their
management philosophies and techniques to their foreign subsidiaries
-spread their knowledge and their company cultures everywhere
• in the current phase of globalization, the pattens and locations of knowledge
production and the international flows of ideas are rapidly changing.
• US, Western Europe, and Japan have dominated global production of knowledge, but a
major shift is underway.
• In recent years, increasing globalization and shift from advanced industrialized
countries towards the emerging economies.
e-commerce - ANSWER>>-due to WWW and global transportation and logistics services
VERIFIED 2025-2026!!
international HRM - ANSWER>>-the study and application of all HRM activities as they
impact the process of managing HR in enterprises in the global environment
-the success or failure of an enterprises is often a function of how it handles this
drives of internationalization of business - ANSWER>>-trade agreements
-search for new markets and reduced costs
-rapid and extensive global communication
-rapid development and transfer of new technology
Increased global education and a pool of talent in the world;
Increased travel and migration;
Shared knowledge;
e-commerce
The homogenization of culture and consumer demands;
Trade agreements
-trade between countries and within regions of the world is constantly rising on a global
basis
-open markets and lowered trade barriers are leading to economies that are faster
growing throughout the word
-support and encourage thru gov
-The center of Global Trade is moving away from Developed Countries
find new markets - ANSWER>>-global competition comes from anywhere and
,everywhere
-competition forces organizations to look for opportunities in other countries
Low-cost Country Sourcing (LCCS) - ANSWER>>a procurement strategy whereby
companies source materials from countries with lower labor and production costs so as
to reduce operating costs
-examples of costs that may be minimized
-labor costs
-material cost
-marketing cost
-legal costs
-taxes
rapid and extensive global communication ANSWER>>-the technological revolution
has made global communication much easier, quicker, cheaper and more varied
-enables the spread of information on a global basis about
--how people live
--what they think
--what they want
-creates global expectations for an ever-increasing quality of life
rapid development and transfer of new technology ANSWER>>-new tech are
developed around the world and are made available everywhere
-new technologies now make it possible to develop and build products and deliver
services of world-class quality at world-class prices virtually anywhere.
-new education and IT enable every
More educated and talented global labour pool - ANSWER>>-improving global
education is enabling firms everywhere to produce world-class products and services
-no country or set of countries has overwhelming dominance in the global economy
, -there is now an international talent pool that enables firms to operate almost anywhere
in the world today
greater mobility and migration- ANSWER>>-it is easier, faster, and cheaper to travel
internationally
-millions of people migrate to other countries to find work
-in 2013. 232 million people of 3.2 % of the world's population, were international
migrants, compared with 175 million in 2000 and 154 million in 1990
top 10 countries hosting international migrants - ANSWER>>1. US = 45.8%
2. Russia = 11%
3. Germany = 9.8%
4. Saudi Arabia = 9.1%
5. UK= 7.8%
6. United Arab Emirates = 7.8 %
7. France= 7.4%
8. Canada = 7.3 %
9. Spain = 6.5%
10. Australia= 6.5%
knowledge sharing - ANSWER>>-firms operating internationally "export" their
management philosophies and techniques to their foreign subsidiaries
-spread their knowledge and their company cultures everywhere
• in the current phase of globalization, the pattens and locations of knowledge
production and the international flows of ideas are rapidly changing.
• US, Western Europe, and Japan have dominated global production of knowledge, but a
major shift is underway.
• In recent years, increasing globalization and shift from advanced industrialized
countries towards the emerging economies.
e-commerce - ANSWER>>-due to WWW and global transportation and logistics services
