SHRM CP EXAM HR in the Global Context Exam Study Guide.
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SHRM CP EXAM HR in the Global Context
Exam Study Guide.
Foreign Direct Investment - answerInvestment of foreign assests into domestic structures
equipment organizations; leading indicator of shift and major feature of globalization; foreign
assets equipment money risk terriosm
Diaspora - answe...
SHRM CP EXAM HR in the Global Context
Exam Study Guide.
Foreign Direct Investment - answer✔Investment of foreign assests into domestic structures
equipment organizations; leading indicator of shift and major feature of globalization; foreign
assets equipment money risk terriosm
Diaspora - answer✔mass migration from homeland to multiple destinations; brain drain them
better opportunities Chicago has Polish Italian Mexican etc
Demographic Dichotomy - answer✔younger workforce emerging economies aging workforce in
developed economies
reverse innovation - answer✔innovations created for or by emerging markets and then imported
to developed markets
Global Intergration GI - answer✔Integration in this together; policies consistent recruit same
way ethnocentric
Local Responsiveness LR - answer✔polyentric; focused on local market customers;
customizations unique to them local vendors example Pepsi same everywhere but also different
flavors in different places
Upstream - answer✔decisions made at HQ; strategy and coordination; standarization of
processesand integration of resources
Downstream - answer✔decisions made locally; adapting strategic goals and plans to local
realities
Identify Alignment - answer✔embraces diversity in mgmt of ppl products services and branding;
products services offerings and brand identity may be adjusted for local cultures;
Process Alignment - answer✔Same everywhere; Mcdonalds burgers are always made the same
Ethnocentric - answer✔HQ maintains tight control over everything One best way
Polycentric - answer✔subsidiaries develop strategies conssitent with local business practices and
cultures many best ways
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