Global

Question 1

The inevitable integration of markets, nation-states and technologies to a degree never witnessed before—in a way that is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before and in a way that is enabling the world to reach into individuals, corporations and nation-states farther, faster, and deeper, cheaper than ever before.

Answer 1

Globalization

Question 2

PESTLE

Answer 2

political, economic, social, technological, legal, and environmental

Question 3

The investment of foreign assets into domestic structures, equipment, and organizations

Answer 3

foreign direct investment (FDI)

Question 4

the workforce in emerging economies is becoming disproportionately young while the workforce in developed economies is rapidly aging

Answer 4

Global Demographic Dichotomy

Question 5

four orientations for multinational corporations

Answer 5

Ethnocentric; Polycentric; Regiocentric; Geocentric (There is essentially “a team way,” transcending national borders.)

Question 6

which emphasizes consistency of approach, standardization of processes, and a common corporate culture across global operations

Answer 6

Global integration (GI)

Question 7

Which emphasizes adapting to the needs of local markets and allows subsidiaries to develop unique products, structures, and systems.

Answer 7

Local responsiveness (LR)

Question 8

Organizations achieve global integration in different ways—through

Answer 8

People; Assignees; Processes; Performance; Culture

Question 9

the strategy that organizations with subsidiaries in multiple countries that operate with a fair degree of independence from each other and from headquarters, which remains in the home country

Answer 9

Multidomestic strategy

Question 10

The strategy organizations as low in global integration—in that there is little pressure to increase efficiency—and also low in local responsiveness—in that there is little advantage in tailoring products or services to individual foreign markets.

Answer 10

International strategy

Question 11

A strategy that is high in GI but low on the LR scale. The headquarters (which may or may not be in the originating country) maintains a strong relationship with each subsidiary, integrating operations to take advantage of conditions in subsidiary markets

Answer 11

Global strategy

Question 12

A strategy that a corporation uses as resulting from simultaneous pressures to standardize and localize

Answer 12

Transnational organizational structure

Question 13

a practice where a company transfers portions of work (e.g., processes or production) to outside suppliers rather than completing it internally

Answer 13

Outsourcing

Question 14

which approach in Global Assignments may also lead to a higher rate of failure in global assignments.

Answer 14

A purely tactical approach

Question 15

Choose average and good performers as assignees, and send their assignees to another country to manage a project or get a particular job done are applied to which strategy?

Answer 15

multidomestic or international strategy

Question 16

Ad hoc or contract workers hired for a single assignment

Answer 16

Just-in-time expatriates

Question 17

Traditional expatriates on full relocation assignments lasting from one to three years

Answer 17

International assignees

Question 18

Spend their entire careers in international assignments, moving from one locale to another

Answer 18

Globalists

Question 19

Travel across a country border for work regularly

Answer 19

Commuters

Question 20

the letter of assignment is a memorandum of understanding (MoU) stipulating the business aspects of the assignment as well as compensation, benefits, and local work rules is prepared at which Global Assignment Process?

Answer 20

Management and Assignee Decision

Question 21

What is the term to describe increasing digital interconnection of people-and things-anytime and anyplace.” It is the purely digital/virtual aspect of globalization’s “accelerating interconnectedness.”

Answer 21

hyperconnectivity

Question 22

Which stage of the global assignment process should criteria for the ideal expatriate candidate be defined

Answer 22

Assessment & Selection

Question 23

Which is the best option to help an international assignee rapidly acclimate to the new country’s culture

Answer 23

Secure a specialized third-party vendor to provide the assignee with a customized settling-in program

Question 24

Which method should HR employ to support an international assignee during their assignment?

Answer 24

Coordinate communication and visits to their home country

Question 25

which is characterized by coordinating and controlling functions among the home office and foreign locations, is more cost-effective than the alternative tactical-reactive approach and yields much better long-term results.

Answer 25

strategic-systematic

Question 26

Which critical role must HR assume in light of globalization?

Answer 26

Balance an organization’s global strategy with policy localization to reflect national cultures and laws

Question 27

How does the Global Integration-Local Responsiveness matrix aid HR in developing policies and determining staffing needs?

Answer 27

This defines HR’s role: whether it will direct, advise, or monitor HR policy at the local level.