Global talent management

Question 1

protestant ethic

Answer 1

value money over leisure
believes in secular vocation
time is money 
money leads to more money 
purchasing of luxury is a sin 
church should not rich 
not working is an insult to god

Question 2

Hofstede’s 5 dimension

Answer 2

individualism vs collectivism
power distance
uncertainty avoidance
masculinity vs feminity

Question 3

individualism

Answer 3

a cultural orientation that values individual rights and outcome over collective’s

Question 4

collectivism

Answer 4

values collective right and outcomes over individual rights and outcomes

Question 5

high power distance

Answer 5

implies that individuals are willing to accept decision making by more powerful members and do not expect to participate in consensual decision making

Question 6

lower power distance

Answer 6

implies that individuals expect to participate in consensual decision making and are uncomfortable if more poweful members make all decisions

Question 7

High uncertainty avoidance

Answer 7

implies that individuals have low tolerance for risk and ambiguity

Question 8

lower uncertainty avoidance

Answer 8

implies that individuals have high tolerance for risk and ambiguity

Question 9

Hofstede’s advantages and disadvantages

Answer 9

give you useful info about cultural difference

lots a variation between culture, bad if you dont consider this

Question 10

human resources responsiveness

Answer 10

complete assimlation to local culture
get best local results
avoid cultural conflict/ not alienating local workers

Question 11

human resources integration

Answer 11

go against the local culture sometimes
keep the best in the system
create global culture in the firm

Question 12

acculturation

Answer 12

process of adopting the cultural traits or social patterns of another group

Question 13

ethnocentric approach

Answer 13

key management position filled by parent-country nationals

Question 14

polycentric approach

Answer 14

host- country nationals manage subsidiaries, parent- country nationals dill key HQ roles

Question 15

geocentric approach

Answer 15

key jobs staffed without consideration of candidate

Question 16

ethnocentric approach advantage

Answer 16

overcome lack of qualified managers
unified culture
helps transfer core competencies

Question 17

ethnocentric approach: disadvantage

Answer 17

produces resentmentin host country
can lead to cultural myopia
higher cost

Question 18

polycentric approach advantage

Answer 18

alleviates cultural myopia

inexpensive to implement

Question 19

polycentric approach: disadvantage

Answer 19

limits career mobility

isolates headquarters from foreign subsidaries

Question 20

Geocentric approach: advantage

Answer 20

use human resources efficiently

help build strong culture and informal management network

Question 21

geocentric approach: disadvantage

Answer 21

national immigration policies may limit implementation

expensive

Question 22

expatriate assignment failure

Answer 22

significant underperformance and failure rates of expatriates constant across all nationality

Question 23

repatriation of expatriates

Answer 23

re-entry into home culture
reverse culture shock:
narrower scope of duties/ lower level of responsibility
behing on knowledge of organizational politics at home
think superiors have a lack appreciation for person’s overseas accomplishment
adjust to home culture
loss of overseas perks
challenges finding appropriate role at home in organization