CH 11 Flashcards
what is an international organization?
domestic form using existing facilities to expand in foreign country
what is a multinational organization
autonomous subsidiaries operating in multiple countries
What is a global corporation
like a multinational but control is kept in the home office
what is a transnational corporation?
complexe coordination of specialized facilities brought together as a whole
What is a home country national (expats)
employee from the home country on an international assignment
what is a host country national
employee from host country
what is third country national
employee from the than host or home country working in the host country
What do firms need to focus on to recruit internationally?
- branding and reputation
- competitive compensation
- development of employee’s skills
- understand local culture and environment
What are the types of training for international business?
- apprenticeship
- transnational teams (members of multiple nationality)
What are the criteria to select international workforce for other countries?
- family ties
- social status
- common origin
what are the criteria to select international workforce for other countries?
- merit
- qualifications
- tolerance to cultural differences
what is the main reason of assignment failure?
difficulty of families to adapt
what is done by companies to help to the adaptation of the family?
provide help finding jobs for spouse
what is the content of training programs
- language training
- cultural training
factors influencing management?
- economic (trade agreements)
- political-legal (property rights)
- cultural environment (education, values, religion, communication, social structure)