✔️[Workplace] Global Workforce

Question 1

Relocation of business processes or production to a lower-cost location inside the same country as the business.

Answer 1

Onshoring

Question 2

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

Answer 2

Local responsiveness (LR)

Question 3

Method by which an organization relocates its processes or production to an international location through subsidiaries or third-party affiliates.

Answer 3

Offshoring

Question 4

Employees who work outside their home countries.

Answer 4

Assignees

Question 5

Process by which an organization moves an employee out of an international assignment; can involve moving back to the home country, moving to a different global location, or moving to a new location or position in the current host country.

Answer 5

Redeployment

Question 6

Process by which employees returning from international assignments reintegrate into their home country’s culture, conditions, and employment.

Answer 6

Repatriation

Question 7

Extent to which diversity is embraced in management of people, products/services, and branding.

Answer 7

Identity Alignment

Question 8

Extent to which underlying operations such as IT, finance, or HR integrate across locations.

Answer 8

Process Alignment

Question 9

Process by which an organization contracts with third-party vendors to provide selected services/activities instead of hiring new employees.

Answer 9

Outsourcing

Question 10

Globalization strategy that emphasizes consistency of approach, standardization of processes, and a common corporate culture across global operations.

Answer 10

Global integration (GI)

Question 11

Organizations that own or control production or service facilities in one or more countries other than the home country.

Answer 11

Multinational enterprises (MNEs)

Question 12

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 12

Globalization

Question 13

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

Answer 13

Globalists

Question 14

On assignment for less than one year but more than a few weeks, often moving without family

Answer 14

Short-term assignee

Question 15

Traditional expatriates on full relocation assignment for 1-3 years

Answer 15

International Assignee

Question 16

ad hoc or contract workers hired for a single assignment

Answer 16

just-in-time expatriates

Question 17

increasing digital interconnection of people-and things-anytime and anyplace

Answer 17

hyperconnectivity

Question 18

A firm exports a product or service to foreign countries. The company may open production facilities or service centers, but the product/service, processes, and strategy are developed in the home country.

Examples: A German firm that manufactures robotics for specialized industrial purposes around the world; an American-based defense contractor, that, for security reasons, must maintain clear lines of separation among its various international subsidiaries.

Answer 18

International Globalization Strategy

Question 19

The organization is a decentralized portfolio of subsidiaries. Goals and strategies are developed locally because of competitive demands. Knowledge is shared on a local rather than global level.

Example: A confectionery company, with different products and manufacturing and sales strategies for each market in which it operates.

Answer 19

Multidomestic Globalization Strategy

Question 20

The firm views the world as a single global market and offers global products that have little or no national variation or that have been designed with customizable elements. Strategy, ideas, and processes emanate from headquarters.

Example: A white goods manufacturer whose products are quite standardized (washing machines, dishwashers, etc.).

Answer 20

Global Globalization Strategy

Question 21

The firm locates its value chain activities in the most advantageous geographic locations. Subsidiaries are allowed to adapt global products and services to local markets. Best practices and knowledge are shared throughout the organization.

Example: A cosmetics company that markets products specifically to different regions and prioritizes diversity in talent acquisition.

Answer 21

Transnational Globalization Strategy

Question 22

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Answer 22

An employee who is being reassigned to an international jurisdiction is now generally referred to as an international assignee, or IA (while “expat” now generally refers to anyone who is not a citizen of the country in which they reside and doesn’t intend to become a permanent resident).