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Questions and Answers
What is the purpose of a hiring freeze in an organization?
What is the purpose of a hiring freeze in an organization?
Which of the following describes job sharing?
Which of the following describes job sharing?
What does the term 'furlough' refer to in the workplace?
What does the term 'furlough' refer to in the workplace?
How does retraining employees help an organization during financial difficulties?
How does retraining employees help an organization during financial difficulties?
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What is the benefit of utilizing a contingent workforce?
What is the benefit of utilizing a contingent workforce?
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Which cultures are considered highly collectivist?
Which cultures are considered highly collectivist?
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In societies with high power distance, how is power distributed?
In societies with high power distance, how is power distributed?
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Which of these countries is associated with low uncertainty avoidance?
Which of these countries is associated with low uncertainty avoidance?
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Which characteristic defines highly masculine cultures?
Which characteristic defines highly masculine cultures?
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What is a multi-domestic strategy in corporate international business?
What is a multi-domestic strategy in corporate international business?
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Which strategy focuses on creating products specifically for certain markets?
Which strategy focuses on creating products specifically for certain markets?
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What is the main characteristic of a global strategy?
What is the main characteristic of a global strategy?
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Which IHRM approach emphasizes flexibility and adaptation to local needs?
Which IHRM approach emphasizes flexibility and adaptation to local needs?
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Which example best represents the exportive IHRM approach?
Which example best represents the exportive IHRM approach?
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Which of the following is a benefit of Cross-Cultural Training (CCT)?
Which of the following is a benefit of Cross-Cultural Training (CCT)?
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What is the main focus of the integrative IHRM approach?
What is the main focus of the integrative IHRM approach?
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What common feature do Starbucks and Microsoft share in their global strategies?
What common feature do Starbucks and Microsoft share in their global strategies?
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What characteristic distinguishes the adaptive IHRM approach from the others?
What characteristic distinguishes the adaptive IHRM approach from the others?
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Which of the following is considered the number one predictor of job performance in the context of the five-factor personality model?
Which of the following is considered the number one predictor of job performance in the context of the five-factor personality model?
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What is a suggested method for facilitating the transfer of HR practices to different cultural contexts?
What is a suggested method for facilitating the transfer of HR practices to different cultural contexts?
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Which personality trait from the five-factor model refers to an individual's tendency for emotional stability?
Which personality trait from the five-factor model refers to an individual's tendency for emotional stability?
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In the context of selecting global manager candidates, what additional competency is necessary besides personality traits?
In the context of selecting global manager candidates, what additional competency is necessary besides personality traits?
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What approach is recommended in dealing with employees who struggle to embrace a new HR practice that may not fit their cultural context?
What approach is recommended in dealing with employees who struggle to embrace a new HR practice that may not fit their cultural context?
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What defines a merger in the context of organizations?
What defines a merger in the context of organizations?
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Which of the following best describes an acquisition?
Which of the following best describes an acquisition?
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What is an example of interpersonal arrogance in a merger context?
What is an example of interpersonal arrogance in a merger context?
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What is a potential impact on surviving personnel after downsizing?
What is a potential impact on surviving personnel after downsizing?
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Which strategy aims for long-term organizational change during downsizing?
Which strategy aims for long-term organizational change during downsizing?
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What is an example of procedural justice in an organizational context?
What is an example of procedural justice in an organizational context?
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What type of company operates in multiple countries but maintains a designated headquarters?
What type of company operates in multiple countries but maintains a designated headquarters?
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What is a common reason for an organization to consider downsizing?
What is a common reason for an organization to consider downsizing?
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Which of the following is a key characteristic of successful downsizing?
Which of the following is a key characteristic of successful downsizing?
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What type of change addresses work processes and roles during organizational restructuring?
What type of change addresses work processes and roles during organizational restructuring?
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What happens to employees who experience job loss during downsizing?
What happens to employees who experience job loss during downsizing?
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Which HRM strategy focuses on maintaining strong communications post-downsizing?
Which HRM strategy focuses on maintaining strong communications post-downsizing?
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What is the purpose of outplacement programs?
What is the purpose of outplacement programs?
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What does global integration emphasize in international companies?
What does global integration emphasize in international companies?
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What is a key disadvantage of managing HR globally?
What is a key disadvantage of managing HR globally?
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What are wholly-owned subsidiaries?
What are wholly-owned subsidiaries?
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Which of the following roles do expatriates often serve in multinational companies?
Which of the following roles do expatriates often serve in multinational companies?
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What contributes to cultural adjustment for expatriates?
What contributes to cultural adjustment for expatriates?
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When preparing expatriates for assignments, which of the following is crucial?
When preparing expatriates for assignments, which of the following is crucial?
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What is a common reason organizations face challenges in motivating and managing employees internationally?
What is a common reason organizations face challenges in motivating and managing employees internationally?
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Which adjustment type is primarily concerned with feeling comfortable in one's new tasks?
Which adjustment type is primarily concerned with feeling comfortable in one's new tasks?
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Why is it important for organizations to approach employee separations methodically?
Why is it important for organizations to approach employee separations methodically?
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What is an expatriate?
What is an expatriate?
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Which factor is considered a risk when managing employees in global operations?
Which factor is considered a risk when managing employees in global operations?
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What can significantly motivate expatriates during their assignments?
What can significantly motivate expatriates during their assignments?
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What are third-country nationals?
What are third-country nationals?
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What does the term 'culture shock' refer to?
What does the term 'culture shock' refer to?
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Study Notes
International HRM Challenges and Opportunities
- International companies: These companies export and import goods, but their investments are within their home country.
- Multinational companies: Operate in multiple countries, with clearly designated headquarters in their home country.
- Transitional companies: Have operations in multiple countries but do not consider any one country as the center of their operations.
- Offshoring: Producing goods or services overseas.
- Outsourcing: Moving some company operations to another company.
- Global integration: Establishing a common corporate culture to do business globally.
- Local differentiation: Transferring practices across units through the use of people, information technology, standardized procedures, and rules while centralizing particular decisions in one area.
- People-Based: Transferring managers, meetings, and using expatriates.
- Information-Based: Centralized information technology, intranets, and the internet.
- Formalization-Based: Standardization of work procedures, rules, policies, and manuals.
- Centralization-Based: Shifting decision-making to headquarters, defining goals and objectives.
Issues in International HRM
- Projecting global competence supply.
- Forecasting global competence needs.
- Developing a blueprint to establish global competence pools within companies.
- Strategic international HRM: HRM issues, functions, policies, and practices result from the strategic activities of multinational enterprises and affect international concerns and goals of those enterprises.
Dimensions of Culture (Hofstede)
- Individualism vs. Collectivism: Degree to which individuals define themselves as individuals vs. through their relationships.
- Power Distance: Degree to which society accepts unequal distribution of power.
- Uncertainty Avoidance: Degree to which society feels uncomfortable with uncertainty and risk.
- Masculinity vs. Femininity: Masculine cultures embrace values like achievement and materialism, while feminine cultures emphasize modesty and quality of life.
Corporate International Business Strategies
- Domestic strategy: Internationalizing by exporting goods overseas.
- Multi-domestic strategy: Concentrates on developing foreign markets.
- Global strategy: Aims to introduce products in target countries with minimum cost.
Strategic IHRM
- Fit: Degree to which needs, demands, goals, and/or structure of one component are consistent with another.
- Adaptive approach: Flexibility to respond to dynamic competitive environments.
- Exportive approach: Transferring a product to a specific location while maintaining its characteristics.
- Integrative approach: Collaboration with other companies to expand reach.
Cross-Cultural Training (CCT)
- Positive influences: Expatriate self-development, interpersonal skills, cross-cultural perception.
- Cross-cultural perception: How countries view each other and their cultural norms.
- Cross-cultural training: Enabling the transfer of HR practices to diverse cultural contexts.
Selection of Global Managers
- Personality: Five-factor model (OCEAN) including openness, conscientiousness, extraversion, agreeableness, and neuroticism/emotional stability.
- Trainability: An individual's ability to acquire new skills.
- Other personal characteristics: Self-maintenance competencies and relationship/interpersonal skills.
- Guidelines for effective training: Assess training needs, clarify goals, plan, implement, and evaluate training.
Managing HR Globally
- Advantages: Access to a wider talent pool and transfer of expertise.
- Disadvantages: Understanding cultural, legal, and economic differences.
- Home-country nationals: Individuals from the subsidiary country with in-depth cultural knowledge.
- Parent-country nationals: Headquarters individuals familiar with firm products and services and corporate culture.
- Third-country nationals: Individuals from a third country with previous international experience.
- Motivating global employees: Offering extrinsic rewards and compensation that are culturally relevant.
Internationalization
- Subsidiaries: Need close coordination with the parent company.
- Global companies: Give subsidiaries greater autonomy to target regional markets.
- Whole-owned subsidiaries: Full control over overseas operations.
- Joint venture: Cooperation of multiple companies to form a new entity.
- Strategic alliances: Partnerships with other companies.
- Managing expatriates: People living and working in a different country from their home.
- Types of expatriates: Organizationally assigned and self-initiated.
- Expatriate assignments: Need for cultural and work adjustments.
Benefits and Downsides of Expatriates
- Benefits: Career development, diffusion of knowledge, direct and indirect knowledge sharing, building employees' skills, and aiding collaboration between countries.
- Downsides: Over-reliance on expatriates for specific tasks.
- Cultural training: Important to help expatriates with cultural shock, improve communication, and create a supportive environment.
- Relocation assistance: Important factors to consider for the long-term success of the employee and their family.
Managing Employee Separations
- Involuntary turnover: Discharge initiated by the organization.
- Dismissals: Occur when an employee fails to meet the minimum standards.
- Costs of dismissal: Financial and reputational costs.
- Layoffs: Involuntary removal of employees due to reorganizing, restructuring, or economic reasons.
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Description
Test your knowledge on key concepts in Human Resource Management, including hiring freezes, job sharing, and cultural strategies in organizations. This quiz also covers the implications of retraining employees and the benefits of a contingent workforce. Dive deep into the principles of international human resource management (IHRM) and cross-cultural training.