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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...

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  • October 2, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • shrm cp exam hr in the global context exam study g

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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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