MAN6635 International HR Exam 1 | Questions
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Terms in this set (54)
Business Administration A program of studies in a college or university
providing general knowledge of business
principles and practices.
Organizational Behavior A field of study devoted to understanding,
explaining, and ultimately improving the attitudes
and behaviors of individuals and groups in
organizations. It is the Psychology, Social
Psychology, and Sociology on the job. The study of
what about a person or their job makes them
perform well at their job and not want to quit.
Human Resource Management The policies, practices, and systems that influence
(HRM) employees' attitudes, behavior, and performance.
Represents the practical application of the science
of Organizational Behavior.
International Human Resource The study and application of all human resource
Management (IHRM) management activities as they impact the process
of managing human resources in the global
environment. Becomes more important with each
passing year as the economy becomes more
global.
,Markets for most goods and services - Increased investment across borders
are global due to: - Number of international joint ventures on the rise
- Millions of employees work outside their country
of origin
- Thousands of firms operate outside of their
country of origin
- Inputs to business activities are available
everywhere in the world
Internationalization of Business Refers to the ever-increasing interaction,
interconnectedness and integration of people,
companies, culture, and countries. Driven by:
- Trade agreements
- Search for new markets and reduced costs
- Rapid and extensive global communication
- Rapid development and transfer of new
technology
- Improving global education and global talent
pool
- Increased travel and migration
- Knowledge sharing
- E-commerce
- Homogenization or culture and consumer
demands
HRM vs. IHRM International Human Resource Management not
only fully subsumes all topics from Human
Resource Management, but also involves the
following additional concepts:
- Design and Structure of the Multi-National
Enterprise
- International Mergers, Acquisitions, Joint-
Ventures, and Alliances
- International Employment Law, Labor Standards,
and Ethics
, Effects of Culture on ALL aspects of Employee Relations
HRM includes: Planning & Staffing
Recruiting & Selection
Training
Compensation
Performance management
Strategic Management Strategic management consists of the analyses,
decisions, and actions an organization undertakes
in order to create and sustain competitive
advantages.
Strategy signals an organization's commitment to
specific markets, competitive approaches, and
ways of operating
How International Human Resource Increased intensity of competition places great
Management impacts strategy: pressure on firms to develop the capacity to
operate at lower costs and with greater speed,
quality, customer service, and innovation, both at
home and abroad. IHRM is called upon to hire,
develop, and retain the workforce that can handle
this strenuous level of global competitiveness.
HRM and IHRM is responsible for our most
valuable intangible asset, our people
Examples of Intangible Assets of - Human Capital
Organizations Knowledge, education, work-related know-how
- Social Capital
Corporate culture, management philosophy and
practices, information networking systems
- Intellectual capital
Patents, copyrights, trade secrets
- Customer Capital
Customer relationships and loyalty, brands
with 100% Correct Answers | Verified | Latest
Update 2026
Save
Terms in this set (54)
Business Administration A program of studies in a college or university
providing general knowledge of business
principles and practices.
Organizational Behavior A field of study devoted to understanding,
explaining, and ultimately improving the attitudes
and behaviors of individuals and groups in
organizations. It is the Psychology, Social
Psychology, and Sociology on the job. The study of
what about a person or their job makes them
perform well at their job and not want to quit.
Human Resource Management The policies, practices, and systems that influence
(HRM) employees' attitudes, behavior, and performance.
Represents the practical application of the science
of Organizational Behavior.
International Human Resource The study and application of all human resource
Management (IHRM) management activities as they impact the process
of managing human resources in the global
environment. Becomes more important with each
passing year as the economy becomes more
global.
,Markets for most goods and services - Increased investment across borders
are global due to: - Number of international joint ventures on the rise
- Millions of employees work outside their country
of origin
- Thousands of firms operate outside of their
country of origin
- Inputs to business activities are available
everywhere in the world
Internationalization of Business Refers to the ever-increasing interaction,
interconnectedness and integration of people,
companies, culture, and countries. Driven by:
- Trade agreements
- Search for new markets and reduced costs
- Rapid and extensive global communication
- Rapid development and transfer of new
technology
- Improving global education and global talent
pool
- Increased travel and migration
- Knowledge sharing
- E-commerce
- Homogenization or culture and consumer
demands
HRM vs. IHRM International Human Resource Management not
only fully subsumes all topics from Human
Resource Management, but also involves the
following additional concepts:
- Design and Structure of the Multi-National
Enterprise
- International Mergers, Acquisitions, Joint-
Ventures, and Alliances
- International Employment Law, Labor Standards,
and Ethics
, Effects of Culture on ALL aspects of Employee Relations
HRM includes: Planning & Staffing
Recruiting & Selection
Training
Compensation
Performance management
Strategic Management Strategic management consists of the analyses,
decisions, and actions an organization undertakes
in order to create and sustain competitive
advantages.
Strategy signals an organization's commitment to
specific markets, competitive approaches, and
ways of operating
How International Human Resource Increased intensity of competition places great
Management impacts strategy: pressure on firms to develop the capacity to
operate at lower costs and with greater speed,
quality, customer service, and innovation, both at
home and abroad. IHRM is called upon to hire,
develop, and retain the workforce that can handle
this strenuous level of global competitiveness.
HRM and IHRM is responsible for our most
valuable intangible asset, our people
Examples of Intangible Assets of - Human Capital
Organizations Knowledge, education, work-related know-how
- Social Capital
Corporate culture, management philosophy and
practices, information networking systems
- Intellectual capital
Patents, copyrights, trade secrets
- Customer Capital
Customer relationships and loyalty, brands
