Insightful Solutions
Parent country nationals Correct Answer - employees from the
home countries who are sent to work for their companies overseas
Host country nationals Correct Answer - natives of the country
where an overseas subsidiary is located
Third country nationals Correct Answer - natives of a country
other than the home country or the host country of an overseas
subsidiary
MNE Correct Answer - a company that has business in at least
one country other than the host country
SME Correct Answer - small and medium enterprise
Index of Transnationality Correct Answer - in an average of
ratios of foreign assets to total assets; foreign sales to total sales;
and foreign employment to total employment
Inpatriate Correct Answer - refers to the transfer of subsidiary
staff into the parent country (headquarters) operations.
Multidomestic Industry Correct Answer - is one in which
competition in each country is essentially independent of
competition in other countries
Organizational Culture Correct Answer - is defined as the
sense of common identity and purpose across the whole
organization
,Tax Equalization Correct Answer - firms withhold an amount
equal to the home-country tax obligation of the expatriate, and pay
all taxes in the host country
Artefacts (cultural) Correct Answer - described as visible
organization structures and processes
Communitarianism Correct Answer - is about the rights of the
group or society. It seeks to put the family, group, company and
country before the individual. It sees individualism as selfish and
short-sighted.
Diffuse Culture Correct Answer - is characterized by: a large
private life that includes a relatively large number of people; small
public space that is difficult to enter (e.g. an outsider needs a formal
introduction from a mutual friend in order to do business with a
particular manager); indirect communication-does not always say
what is really meant; no clear distinction between work and private
life.
High Context Communication Correct Answer - a more indirect
form of expression is common, where the receiver must decipher
the content of the message from its context
Particularism Correct Answer - pays more attention to
individual cases, deciding what is good and correct depending on
relationship and special friendship arrangements
Power Distance: GLOBE Correct Answer - The degree to which
members of a collective expect power to be distributed equally.
Power Distance: Hofstede Correct Answer - represents the
scale on which the members of a culture accept that power is not
distributed equally in institutions. It expresses the emotional
, distance between employees and superiors. Power inequality exists
in many cultures but may be more or less pronounced from culture
to culture.
Spatial Distance Correct Answer - the focus on the distance
between people of various cultures when communicating. Distance
that is adequate for members of one culture may feel intrusive for
members of another culture
Uncertainty Avoidance: GLOBE Correct Answer - The extent to
which a society, organization or group relies on social norms, rules
and procedures to alleviate unpredictability of future events.
Uncertainty Avoidance: Hosfstede Correct Answer - represents
the extent to which the members of culture feel threatened by
uncertain, ambiguous, and/or unstructured situations and try to
avoid them Cultures with strong uncertainty avoidance are
characterized by strict beliefs and behavioral codes and do not
tolerate people and ideas that deviate from these. In cultures with
weak uncertainty avoidance, the significance of practice exceeds the
significance of principles and there is high tolerance for deviations.
Agents of Socialization Correct Answer - based on assumptions
that appropriate behavior will have been instilled in the local
workforce through training programs and hiring practices, and that
the multinational's way of operating has been accepted by the local
staff in the manner intended
Chaebols Correct Answer - Korean conglomerates
Greenfield Correct Answer - A type of venture where finances
are employed to create a new physical facility for a business in a
location where no existing facilities are currently present.