WGU D358 Study Guide 1- 5 Exam 74 Questions with
Verified Answers
What are the drivers of internationalization of business? - CORRECT ANSWER
Trade agreements, new markets and reduced costs, global communication, new
technology, education and talent pool, travel and migration, knowledge sharing,
e-commerce, homogenization of culture and customer demands
Describe the growth and spread of internationalization. - CORRECT ANSWER
Began with large firms from major developed countries
What are the different settings of international resource management? -
CORRECT ANSWER Headquarters of multinationals, home country subsidiaries of
foreign-owned firms, domestic firms, government agencies and non-
governmental organizations
What is international human resource management (IRHM)? - CORRECT ANSWER
The study and application of all HRM activities as they impact the process of
managing human resources in enterprises in the global environment
What are the similarites between globalization vs. internationalization? -
CORRECT ANSWER both terms refer to the ever-increasing interaction,
interconnectedness, and integration of people, companies, cultures, and
countries
IHRM plays an important role in? - CORRECT ANSWER contributing to adding
expertise to the global market
Who tracks the world's Transnational Corporations (TNCs)? - CORRECT ANSWER
The United Nations Conference on Grand and Development (UNCTAD)
What does domestic firms do? - CORRECT ANSWER hiring immigrants, manage
competition form foreign firms for customers and suppliers, dealing with
competition of foreign owned firms in resource and employees
, What does a home country subsidiaries of foreign-owned firms do? - CORRECT
ANSWER integrate a local national culture plus the foreign organizational culture
into local operations, different communication styles, worker motivation and
philosophies, and organizational structures, understanding of host countries
markets, employment laws and practices, and language
What does a headquarter of multinationals do? - CORRECT ANSWER international
assignees, global planning in talent management and global workforce, applies
HRM policies and practices directly to foreign subsidiaries or merge is HRM
policies and practices with those that are common in the host counties of
subsidiaries
What do government agencies and non-governmental organizations do? -
CORRECT ANSWER send people form their parent countries and also employe
local and third-country people to staff their actives around the globe.
Human resource management professionals work in the central or regional
headquarters of the traditional MNE. - CORRECT ANSWER TRUE
HR managers must integrate a regional and organizational culture into the
operations. - CORRECT ANSWER FALSE
The success or failure of an enterprise is often a function of how it handles IHRM
issues? - CORRECT ANSWER TRUE
Global competition comes from anywhere and everywhere. - CORRECT ANSWER
TRUE
What does strategic international human resource management focus on? -
CORRECT ANSWER creating and implementing policies and practices that help
achieve an MNE internationals vision and objectives, that is, its international
strategy. It also involves the strategic management of the international human
resources functions and department itself.
As a firm internationalizes, it moves through ? - CORRECT ANSWER 5 stages, and
in each stage, it must make a choice of methods for market entry
Verified Answers
What are the drivers of internationalization of business? - CORRECT ANSWER
Trade agreements, new markets and reduced costs, global communication, new
technology, education and talent pool, travel and migration, knowledge sharing,
e-commerce, homogenization of culture and customer demands
Describe the growth and spread of internationalization. - CORRECT ANSWER
Began with large firms from major developed countries
What are the different settings of international resource management? -
CORRECT ANSWER Headquarters of multinationals, home country subsidiaries of
foreign-owned firms, domestic firms, government agencies and non-
governmental organizations
What is international human resource management (IRHM)? - CORRECT ANSWER
The study and application of all HRM activities as they impact the process of
managing human resources in enterprises in the global environment
What are the similarites between globalization vs. internationalization? -
CORRECT ANSWER both terms refer to the ever-increasing interaction,
interconnectedness, and integration of people, companies, cultures, and
countries
IHRM plays an important role in? - CORRECT ANSWER contributing to adding
expertise to the global market
Who tracks the world's Transnational Corporations (TNCs)? - CORRECT ANSWER
The United Nations Conference on Grand and Development (UNCTAD)
What does domestic firms do? - CORRECT ANSWER hiring immigrants, manage
competition form foreign firms for customers and suppliers, dealing with
competition of foreign owned firms in resource and employees
, What does a home country subsidiaries of foreign-owned firms do? - CORRECT
ANSWER integrate a local national culture plus the foreign organizational culture
into local operations, different communication styles, worker motivation and
philosophies, and organizational structures, understanding of host countries
markets, employment laws and practices, and language
What does a headquarter of multinationals do? - CORRECT ANSWER international
assignees, global planning in talent management and global workforce, applies
HRM policies and practices directly to foreign subsidiaries or merge is HRM
policies and practices with those that are common in the host counties of
subsidiaries
What do government agencies and non-governmental organizations do? -
CORRECT ANSWER send people form their parent countries and also employe
local and third-country people to staff their actives around the globe.
Human resource management professionals work in the central or regional
headquarters of the traditional MNE. - CORRECT ANSWER TRUE
HR managers must integrate a regional and organizational culture into the
operations. - CORRECT ANSWER FALSE
The success or failure of an enterprise is often a function of how it handles IHRM
issues? - CORRECT ANSWER TRUE
Global competition comes from anywhere and everywhere. - CORRECT ANSWER
TRUE
What does strategic international human resource management focus on? -
CORRECT ANSWER creating and implementing policies and practices that help
achieve an MNE internationals vision and objectives, that is, its international
strategy. It also involves the strategic management of the international human
resources functions and department itself.
As a firm internationalizes, it moves through ? - CORRECT ANSWER 5 stages, and
in each stage, it must make a choice of methods for market entry
