International Business Final Exam (Chapter 17) – 40+ Questions with Answers | HRM Strategies, Expatriates, Staffing Policies

This document presents over 40 expertly answered questions from Chapter 17 of the International Business Final Exam for the academic year 2025/2026. It focuses on International Human Resource Management (IHRM) and explores how companies effectively manage people across borders to support global strategies. The content covers essential HRM practices relevant to multinational enterprises and is designed for students preparing for end-of-term assessments or professional certification in international business. Key topics covered include: Human Resource Management (HRM) functions: staffing, evaluation, compensation, and labor relations Staffing policies: ethnocentric, polycentric, and geocentric approaches, including pros and cons of each Expatriate management: expatriate failure, reasons for failure across U.S., European, and Japanese firms Success predictors for international assignments: self-orientation, others-orientation, cultural toughness Training and development: cultural, language, and practical training strategies Performance appraisals and their role in strategic control Expatriate compensation: balance sheet approach, allowances, tax implications Labor relations and union responses to multinational strategies This material is particularly relevant for students studying: International Business and Management Human Resource Management Global Leadership and Strategy MBA-level courses in International HRM The document serves as a practical and theoretical foundation for understanding HRM in a global context. It is ideal for exam preparation, project reference, or developing a deeper understanding of cross-border HR strategies in multinational enterprises. Keywords: international HRM, staffing policy, ethnocentric approach, polycentric approach, geocentric approach, expatriate failure, expatriate compensation, balance sheet approach, cultural training, management development, labor relations, union power, performance appraisal, global HR strategy, international business, foreign assignments, HRM in multinationals, international executives, cross-cultural management