SMART
Specific, Measurable, Attainable, Relevant, Timebound
Extraterritoriality
Extends the power of a country's laws over it citizens outside that country's sovereign national boundaries.
Porter's "Five Forces"
Framework was originally designed to identify industries that were lik...
Extraterritoriality - ANSWER- Extends the power of a country's laws over it
citizens outside that country's sovereign national boundaries.
Porter's "Five Forces" - ANSWER- Framework was originally designed to identify
industries that were likely to be profitable and would provide a roi. Threat of
substitution, entry, bargaining power of suppliers, bargaining power of buyers,
rivalry among competitors( influenced by all 4)
Schein's Lauer of Culture - ANSWER- Basic assumptions (implicit culture), norms
and values, artifacts and products (explicit culture)
Due process - ANSWER- Concept that laws are enforced through accepted,
codified procedures
Histogram - ANSWER- Graphically depicts the sorting of data into groups
arranged in the shape of a statistical distribution, showing a central tendency and
dispersion around that tendency.
Scatter Diagram - ANSWER- Plots data points against two variables that form the
chart's x and y axes. Each axis is scaled. The pattern formed by the plotted data
describes the correlation between the two variables.
Rule of Law - ANSWER- No individual is beyond the reach of the law and the
authority is exercised only in accordance with written and publicly disclosed laws
Alliances, partnerships and acquisitions - ANSWER- Which growth strategy is
commonly used to accelerate path to globalization?
, Impoverished Manager - ANSWER- Detached from the team process, forcing the
team to struggle on its own. The impoverished manager is committed to nether
task nor people. Part of Blake-Mouton's behavioral leadership theory.
Leader-member relations - ANSWER- Refers to the degree of confidence, trust,
and respect that followers have in their leadership.
Environmental Scanning - ANSWER- Process that systematically surveys and
interprets relevant data, such as economic trends, to identify external
opportunities and threats. This process is conducted to assess how these factors
affect the organization currently and how they will affect the organization in the
future
Strategic alliance - ANSWER- Is a formal agreement between two or more
companies to collaborate resources but not equity. Create synergy based on the
partners' strengths and technical capabilities.
Joint Venture - ANSWER- An agreement between two or more partners to create a
new economic entity. Both contribute to equity and share in revenues, expenses
and control
Yield Ratio - ANSWER- Calculated at various stages in recruitment as well as at
the end. Example is qualified applicants/total applicants
Assessment Centers - ANSWER- A method of evaluating candidates who are
presented with content-valid workplace situations to which they respond and who
are then evaluated on their responses
Geocentric - ANSWER- approach ignores nationality in favor of ability and seeks
the best people for key jobs. Staffing policies in an organization with a geocentric
focus maximize the long-term strength of the global organization
Managerial Estimates - ANSWER- Consist of projections made by the managers.
This works in two ways: from the down or the bottom up. The success of this
method is entirely dependent upon the quality of info provided to managers to
use in making estimates a
Best of Breed - ANSWER- IT solutions each support different HR function,
multiple vendors are necessary to manager multiple HR functions.
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