LESSON 4

Question 1

the process by which businesses or other organizations develop international influence or start operating on an international scale.

Answer 1

GLOBALIZATION

Question 2

is a strategic tool of management in handling an organizations most valued assets-the people working individually or collectively to contribute to the achievement of the objective of the business.

Answer 2

IHRM

Question 3

3 basic dimensions of IHRM

Answer 3

HR activities
Type of employees
Type of countries

Question 4

Significance of IHRM in the global business environment

Answer 4

•Challenge

•Commitment

•Cost effectiveness

•Competence

Congruence