HRM 6645 Mid-Term Study Guide Latest updated 2022

PCN * Answer-Parent-Country Nationals HCN * Answer-Host-Country Nationals TCN * Answer-Third-Country Nationals MNE * Answer-Multinational Enterprises SME * Answer-Small and Medium-Sized Enterprises Index of Transnationality * Answer-Average of ratios of foreign assets to total assets; foreign sales to total sales; and foreign employment to total employment Inpatriate * Answer-The transfer of subsidiary staff into the parent country headquarters operations. Multidomestic Industry * Answer-One in which competition in each country is essentially independent of competition in other countries. Traditional examples include retailing, distribution, and insurance. Organizational Culture * Answer-the sense of common identity and purpose across the whole organization Tax Equalization * Answer-These firms withhold an amount equal to the home-country tax obligation of the expatriate, and pay all taxes in the host country Asymmetric Events * Answer-threats that our political, strategic and military cultures regard as unusual