D358: Global Human Resource
Management Questions with
Accurate Answers
Acceptability (Guidelines) correct answer Guidelines for ensuring the acceptability
of performance management practices (refer to Exhibit 12.2).
Adaptive Strategy correct answer A strategy that involves developing unique
Performance Management practices in each foreign unit.
Approaches to compensation correct answer Different approaches to structuring
compensation, including ad hoc negotiations, balance sheet approach,
localization, lump sum, cafeteria plans, regional plans, and global plans.
Approaches to compensation correct answer Various methods such as ad hoc
negotiations, balance sheet, localization, lump sum, cafeteria, regional, and global
plans.
Asian Trade Agreements correct answer Trade agreements in Asia for the free
circulation of goods and services and the adoption of common trade and tariff
policies.
Brain drain correct answer The phenomenon where educated and skilled citizens
leave their home country for jobs with better pay in developed countries, causing
a loss of talent for the home country.
,Business Strategy and Expectations correct answer The influence of business
strategy on the overall expectations for individual employees' performance in
specific countries.
Centralization in strategic HRM correct answer A concept similar to the notion of
integration, where decision-making and control are concentrated at the
headquarters level.
Challenge for Global Organizations correct answer The need to develop and utilize
skills specific to international jobs, which differ from those in the domestic
environment.
Challenges for MNEs correct answer One challenge for multinational enterprises
(MNEs) is managing talent shortages.
Challenges of a diverse workforce correct answer The variety of employees from
different backgrounds presents new challenges for the selection, preparation,
deployment, and management of a global workforce.
Civil Code/Law correct answer A comprehensive system of written rules, including
commercial, civil, and criminal laws.
Codes of Conduct correct answer Guidelines for behavior that should not be
defended as the 'company culture'.
Codetermination correct answer A legal requirement where employees are
represented on supervisory boards or boards of directors and participate in major
strategic decisions of an organization
,Commercial Diplomacy correct answer An emerging interdisciplinary field that
influences foreign government policies and regulatory decisions affecting global
trade.
Common Law correct answer Long-standing legal principles based on tradition,
past practices, and legal precedents.
Comparability issues in international remuneration correct answer The challenges
in maintaining comparability in salaries and benefits across different locations,
while ensuring competitive and equitable compensation practices.
Competitive advantage correct answer An advantage that enables an organization
to outperform its competitors.
Comprehensive compensation and benefits program correct answer A program
that includes non-salary benefits and their design for employees worldwide.
Contextual Challenges correct answer Challenges specific to the context of a
situation
Convergence correct answer The adoption of similar best practices globally,
leading to a convergence of business and HR practices.
Convergence correct answer The process of modern technology and modernizing
industries leading to firms adopting similar 'best practices'.
, Convergence in strategic HRM correct answer An approach that uses parent-
company policies and procedures throughout global operations.
Corporate Citizenship correct answer The role of multinational enterprises (MNEs)
as responsible members of society.
Corporate Governance correct answer The basis upon which decisions are made
in organizations.
Corporate Social Responsibility (CSR) correct answer The mindset and actions of
multinational enterprises (MNEs) to contribute positively to society.
Corporate Sustainability correct answer Meeting the needs of the present without
compromising the ability of future generations to meet their own.
Cosmopolitanism correct answer The ability to reconcile opposing differences in
ethical choices and find common ground across cultures.
Cosmopolitanism correct answer The process of reconciling opposing ethical
choices through debate, effort, and compromise.
Countries achieving objectives through political action correct answer Countries
like England, France, Italy, and those in Latin America that pursue their objectives
in employee relations through political means
Crisis management correct answer A program designed to deal with trauma,
health, and safety problems in the global environment, ensuring the safety and
well-being of employees.
Management Questions with
Accurate Answers
Acceptability (Guidelines) correct answer Guidelines for ensuring the acceptability
of performance management practices (refer to Exhibit 12.2).
Adaptive Strategy correct answer A strategy that involves developing unique
Performance Management practices in each foreign unit.
Approaches to compensation correct answer Different approaches to structuring
compensation, including ad hoc negotiations, balance sheet approach,
localization, lump sum, cafeteria plans, regional plans, and global plans.
Approaches to compensation correct answer Various methods such as ad hoc
negotiations, balance sheet, localization, lump sum, cafeteria, regional, and global
plans.
Asian Trade Agreements correct answer Trade agreements in Asia for the free
circulation of goods and services and the adoption of common trade and tariff
policies.
Brain drain correct answer The phenomenon where educated and skilled citizens
leave their home country for jobs with better pay in developed countries, causing
a loss of talent for the home country.
,Business Strategy and Expectations correct answer The influence of business
strategy on the overall expectations for individual employees' performance in
specific countries.
Centralization in strategic HRM correct answer A concept similar to the notion of
integration, where decision-making and control are concentrated at the
headquarters level.
Challenge for Global Organizations correct answer The need to develop and utilize
skills specific to international jobs, which differ from those in the domestic
environment.
Challenges for MNEs correct answer One challenge for multinational enterprises
(MNEs) is managing talent shortages.
Challenges of a diverse workforce correct answer The variety of employees from
different backgrounds presents new challenges for the selection, preparation,
deployment, and management of a global workforce.
Civil Code/Law correct answer A comprehensive system of written rules, including
commercial, civil, and criminal laws.
Codes of Conduct correct answer Guidelines for behavior that should not be
defended as the 'company culture'.
Codetermination correct answer A legal requirement where employees are
represented on supervisory boards or boards of directors and participate in major
strategic decisions of an organization
,Commercial Diplomacy correct answer An emerging interdisciplinary field that
influences foreign government policies and regulatory decisions affecting global
trade.
Common Law correct answer Long-standing legal principles based on tradition,
past practices, and legal precedents.
Comparability issues in international remuneration correct answer The challenges
in maintaining comparability in salaries and benefits across different locations,
while ensuring competitive and equitable compensation practices.
Competitive advantage correct answer An advantage that enables an organization
to outperform its competitors.
Comprehensive compensation and benefits program correct answer A program
that includes non-salary benefits and their design for employees worldwide.
Contextual Challenges correct answer Challenges specific to the context of a
situation
Convergence correct answer The adoption of similar best practices globally,
leading to a convergence of business and HR practices.
Convergence correct answer The process of modern technology and modernizing
industries leading to firms adopting similar 'best practices'.
, Convergence in strategic HRM correct answer An approach that uses parent-
company policies and procedures throughout global operations.
Corporate Citizenship correct answer The role of multinational enterprises (MNEs)
as responsible members of society.
Corporate Governance correct answer The basis upon which decisions are made
in organizations.
Corporate Social Responsibility (CSR) correct answer The mindset and actions of
multinational enterprises (MNEs) to contribute positively to society.
Corporate Sustainability correct answer Meeting the needs of the present without
compromising the ability of future generations to meet their own.
Cosmopolitanism correct answer The ability to reconcile opposing differences in
ethical choices and find common ground across cultures.
Cosmopolitanism correct answer The process of reconciling opposing ethical
choices through debate, effort, and compromise.
Countries achieving objectives through political action correct answer Countries
like England, France, Italy, and those in Latin America that pursue their objectives
in employee relations through political means
Crisis management correct answer A program designed to deal with trauma,
health, and safety problems in the global environment, ensuring the safety and
well-being of employees.
