Chapter 10 Flashcards
What are 3 reasons you handle Expatriates with care?
Expatriates are worth more when they return and can receive attractive offers from other firms.
You typically pay more in compensation for an expatriate then you do for your local employees.
Expatriates typically feel ignored which can lead to poor results and wasted money/relationships
What are the steps of successful knowledge transfer from repatriated manager?
- Knowledge acquired
- Retention of manager in firm
- Manager shares/uses experience gained internationally in the firm.
What is a Global Management Team?
A collection of managers in or from several countries who must rely on group collaboration.
What are four challenges for Global Virtual teams?
Geographic: Timezones…
Cultural Differences: Attitudes and expectations
Communication: Languages and translation
Technology: Variation in availability/speed
What are Labour Relations and Collective Bargaining for?
The process how managers and workers determine their workplace relationship