Workplace: HR In The Global Context

Question 1

Innovations created for or by emerging-economy markets and then imported to developed-economy markets.

Answer 1

Reverse innovation

Question 2

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

• An alternate phrase for “localization”.

Answer 2

Identity alignment

Question 3

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 3

Redeployment

Question 4

Status of growing interconnectedness and interdependency among countries, people, markets, and organizations worldwide.

Answer 4

Globalization

Question 5

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

Answer 5

Outsourcing

Question 6

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

*An alternate phrase for “localization”.

Answer 6

Local responsiveness (LR)

Question 7

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

Answer 7

Global integration (GI)

Question 8

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

Answer 8

Offshoring

Question 9

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

Answer 9

Process alignment

Question 10

Employees who work outside their home countries.

Answer 10

Assignees

Question 11

Practice of contracting a part of business processes or production to an external company in a country that is relatively close (e.g., within the same own region).

Answer 11

Near-shoring

Question 12

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

Answer 12

Onshoring

Question 13

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

Answer 13

Multinational enterprises (MNEs)

Question 14

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

Answer 14

Repatriation