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HRIR 3021 Chapter 15 Exam Questions 100% Correct Solutions $12.99
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HRIR 3021 Chapter 15 Exam Questions 100% Correct Solutions

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HRIR 3021 Chapter 15 Exam Questions 100% Correct Solutions NAFTA - Answers - North American Free Trade Agreement. Canada, Mexico, and U.S. have encouraged trade among themselves with NAFTA. WTO - Answers - World Trade Organization. Resolves trade disputes among more than 100 participating nat...

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  • December 10, 2024
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  • 2024/2025
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  • HRIR 3021
  • HRIR 3021
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HRIR 3021 Chapter 15 Exam Questions
100% Correct Solutions
NAFTA - Answers -✔✔ North American Free Trade Agreement. Canada, Mexico, and
U.S. have encouraged trade among themselves with NAFTA.

WTO - Answers -✔✔ World Trade Organization. Resolves trade disputes among more
than 100 participating nations.

Parent Country - Answers -✔✔ Country in which an organization's HQ is located (U.S.
is parent country of General Motors, which is located in Michigan)

Parent Country National - Answers -✔✔ GM employee born in the U.S. and works at
GM's HQ or one of its U.S. factories

Host Country - Answers -✔✔ A country (other than the parent country) in which an
organization operates a facility. (Great Britain is a host country of GM because it has
operations there)

Host Country National - Answers -✔✔ Employees who are citizens of the host country
(Any British workers hired to work at GM's British facility). Employers prefer to have
senior executives be host country nationals because they understand the culture of their
customers, governments, and business partners.

Third Country - Answers -✔✔ A country that is neither the parent country not the host
country of an employer. Not every organization has one.

Third Country National - Answers -✔✔ Australian manager working in a GM facility in
Great Britain.

Expatriates - Answers -✔✔ Employees assigned to work in another country (U.S. and
Australian managers working in Great Britain). Competition is stiffest for hiring Asian
managers who lived in the host country but were educated in the U.S. or Europe.
Challenges for expatriates: learning the politics, regulations, and values of an unfamiliar
culture.

Levels of Global Participation - Answers -✔✔ 1. Domestic
2. International
3. Multinational
4. Global

Exporting - Answers -✔✔ Shipping domestically produced items to other countries to
be sold there.

, International Organization - Answers -✔✔ An organization that sets up one or more
facilities in one or a few foreign countries. Decision to participate in international
activities raises a host of HR issues, including the basic question or whether a particular
location provides an environment where the organization can successfully acquire and
manage HR

Multinational Organization - Answers -✔✔ An organization that builds facilities a
number of different countries in order to try to minimize production and distribution
costs. When organizations become multinational, they move production facilities from
relatively high-cost locations to lower-cost locations (lower average wages or reduced
distribution costs).

Global Organization - Answers -✔✔ An organization that chooses to locate a facility
based on the ability to effectively, efficiently, and flexibly produce a product or service,
using cultural differences as an advantage. Compete by offering products tailored to
segments of the market while keeping costs as low as possible. Treats different cultures
as equals. Must be able to recruit, develop, retain, and use managers who can get
results across national boundaries.

Transnational HRM System - Answers -✔✔ Makes HRM decisions from a global
perspective, includes managers from many countries, and is based on ideas contributed
by people represented by a variety of cultures. Decisions that are the outcome of a
transnational HRM system balance uniformity (for fairness) with flexibility (to account for
cultural and legal differences), which helps improve the quality of decision making.

Factors Affecting HRM in International Markets - Answers -✔✔ 1. Culture
2. Education
3. Economic Systems
4. Political-Legal Systems

Culture - Answers -✔✔ A community's set of shared assumptions about how the world
works and what ideals are worth striving for. Cultural influences may be expressed
through customs, languages, religions, etc.

Two reasons why culture is important to HRM - Answers -✔✔ 1. Often determines the
other three international influences. Culture can greatly affect a country's laws because
laws often are based on the culture's definitions of right and wrong.
2. Influences what people value, so it affects people's economic systems and efforts to
invest in education
3. Cultures strongly influence the appropriateness of HRM practices
4. Cultural differences can affect how people communicate and how they coordinate
their activities

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