Terms Flashcards

1
Q

HCT Host Country National

A

employee who is a citizen of the country he works at

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2
Q

Parent Country National

A

EE who works at a country other than his own. Expat

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3
Q

Independent Variable

A

What you change in order to conduct your experiment. Ex: give training to a group

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4
Q

Dependent variable

A

What changes: their productivity

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5
Q

Control Group

A

The group that gets the placebo, the one you leave alone

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6
Q

Incubator

A

Open, High Tech, US, UK, Canada, No chain of Command, Encourage people to be creative and collaborative

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7
Q

Guided Missile

A

Silo, Nasa, task oriented different groups each have a task.

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8
Q

Eiffel Tower

A

Bureaucratic, central command, low skill

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9
Q

Family

A

Face to Face, relationship oriented

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10
Q

Single Focus

A

can work on one thing at a time, no deviation. Germany

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11
Q

Multi Focus

A

The plan can change as we go along. Italy, Spain

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12
Q

High Context

A

Implicit. There’s a lot more to what I say verbally. Collective. China. Relationship oriented. Tone of the message. Japan, France, Spain, Brazil

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13
Q

Low Context

A

Explicit. I mean what I say. UK, Australia, US

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14
Q

Trompenaars

A

Universalism/Particularism, Neutral/Affective,
Achievement/Ascription,
Specific/Diffuse

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15
Q

Universalism/particularism

A

Universalism - one law for everyone. Contract, standard. US

Particularism - Contract can change according to circumstances. China

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16
Q

Neutral/Affective

A

Neutral - Low key, don’t display emotions (Japan)

Affective - Relations, warm. Mexico, Russia

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17
Q

Achievement/Ascription

A

Achievement - I got what I got because of my achievement. US

Ascriptive - I am where I am because of where I was born, who I know, what caste I belong to. India.

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18
Q

Specific/Diffuse

A

Specific - Work and Personal lives are separate. US, UK, Germany.
Diffuse - relationships are fused between work and personal. Argentina, Spain, Russia

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19
Q

Hofstede (four dimensions)

A

Power Distance
Uncertainty Avoidance
Individual/Collectivism
Femininity/Masculinity

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20
Q

Laws app outside the US

A

Title VII, ADA, ADEA. US ee working for a US company outside the US can bring suit in US.

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21
Q

Four T Framework (to develop Global mindset)

A
Travel
Team Work
Training
Transfer
\+ Mentoring and Coaching
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22
Q

Retirement

A
US - Social Sec, EE and ER put in $
UK - State Pension Act (ER)
Canada - State Sponsored
India - Provident Fund (ee and ER 12% - all belongs to EE) Largest in the world
China - State sponsored
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23
Q

Totalizaton

A

Social security related

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24
Q

Three R of leadership

A

Recognize
Respect
Reconcile

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25
Q

Outsourcing

A

One specific task - payroll, security, IT

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26
Q

Offshoring/Nearshoring

A

Offshoring - sending to another country

Nearshoring - sending to a border country

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27
Q

Orientation

A

Short time

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28
Q

Onboarding

A

Can take months, years

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29
Q

Ascriptive

A

India. I am ascribing to you your status based on your race, sex, caste, etc.

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30
Q

Acculturation

A

Exchange of cultural features. Groups remain distinct

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31
Q

Acquired Rights Directive

A

Safeguards the rights of European workers
Same terms and conditions
Can’t fire UNLESS: economic, technical, or organizational reason entailing change in the workforce

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32
Q

Alien Corporation

A

A company that is incorporated under the laws of another country

33
Q

APEC

A

Asia-Pacific economic cooperation

34
Q

Assessment center

A

Not a place!

Used to determine managerial potential of an employee

35
Q

Assignment letter

A

Describes terms and conditions, length of assignment, components of compensation, vacation and home leave

36
Q

Balance sheet approach

A
Assignee retains same standard of living. 
Base salary is made up of: 
Housing, 
income taxes, 
goods and services, 
reserves (pension, savings, investments)
Uses cost of living index
37
Q

Build up

A

Same as balance sheet approach

38
Q

Danger Pay

A

Paid in addition to hardship premium

Civil war, revolution, terrorism

39
Q

Decline stage

A
Profits and sales are falling 
Wages decline, training budgets slash, 
Layoffs
Hiring freeze
Top employees seek employment elsewhere
40
Q

Delphi technique

A

Different viewpoints of experts are presented

Final product is blended version of the others

41
Q

Destination services

A

Assistance to assignees

42
Q

EPI

A

Effective purchaser Index
Buying generic
Cost of living index, less generous than the standard

43
Q

Equalization

A

An expatriate will not be negatively or positively impacted

44
Q

Egocentrism

A

Your own culture is superior

45
Q

Ethnocentrism

A

Your ethnicity is superior

46
Q

Euro pay

A

Trend to pay employees the same throughout Europe

47
Q

Foreign Services Premium

A

Same as mobility premium

Paid monthly, tax free, over and above salary

48
Q

Geocentric corporation

A

Height of globalization- headquarters employees can come from anywhere on the globe

49
Q

Global corporation

A

An org which has operations across geographies

One country’s operations affect other areas

50
Q

Global regions structure

A

Make allowances for certain regions

51
Q

Globalist

A

The height, international employee, sr level, works in any country

52
Q

Go Native

A

The employees is totally immersed in their host country’s culture

53
Q

Growth stage

A

Profits and sales are growing steadily, hiring is up
Training budget increases
Pay higher salaries

54
Q

Hardship allowance

A

A percentage of base salary addiction, assignment involves harsh conditions

55
Q

HQ based balance Sheet approach

A

Assignee is paid according to HQ pay. Any differences are calculated compared to the HQ pay

56
Q

Home based balance sheet approach

A

Assignee is paid according to home country compensation

Any differences are made in comparison with home pay

57
Q

Hypothetical tax

A

What the ee would have paid had they stayed in their home country

58
Q

Inpatriate

A

Alien employees brought in to work in headquarters location

59
Q

ILO

A

A UN agency
International labor organization
Promote social justice, workers, human rights

60
Q

Job specification

A

Detailed statement of skills knowledge and abilities

61
Q

Kaizen

A

Japanese for “continuous improvement”

62
Q

Multi domestic corporation

A

Control is decentralized

Decision making is on local level

63
Q

Global vs multi domestic

A

Global is centralized decision making

Unified performance goals

64
Q

Multinational corporation

Multi national enterprise

A

Operates in many countries

65
Q

Nearshoring

A

Moving business to a bordering state/nation

66
Q

Nominal group technique

A

All ideas are considered by all members and formal evaluation is done

67
Q

Offshoring

A

Moving business to another country

India, China, Philippines

68
Q

OECD

A

Organization for economic cooperation and development

Countries that share principles of market economy, democracy and human rights

69
Q

Outsourcing

A

Having a vendor do something that the corporation used to do in-house

70
Q

Particularism

A

Right or wrong is based on changing circumstances

Ie Chinese and contracts: a starting point

71
Q

Polycentrism

A

Org leaders come from either HQ employees or local employees

72
Q

Provident fund

A

Compulsory pension program
Workers must contribute to their retirement fund
India is the largest

73
Q

Regio centric

A

Each regional area is self governed

74
Q

Split pay

A

Paying the ee what they need in local currency and the rest in home currency

75
Q

Tax equalization

A

Tax reimbursement system
Expat neither loses or gained
Hypotax is deducted, if there is more to pay- the company pays it

76
Q

Tax protection

A

No hypo tax!
Company pays the tax bill.
If it’s in Switzerland (more) the company pays more
If it’s in Mexico, the employee pockets the difference

77
Q

Totalization agreement

A

Social security arrangements between countries

Prevent double social se unity deductions

78
Q

Universalism

A

It IS possible to determine what is true and good. It’s not up to circumstances
Opposite of particularism
Applies to every situation
Black and white vs Chinese gray

79
Q

Xenocentrism

A

Other cultures are superior to your own