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HRM International Exam 1 Questions & Answers 2024/2025
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HRM International Exam 1 Questions & Answers 2024/2025 IHRM - ANSWERSThe study and application of all Human resource management activities as they impact the process of managing Human resources in enterprises in the global environment internationalization of business - ANSWERSthe process of...

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  • October 25, 2024
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  • 2024/2025
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HRM International Exam 1 Questions &
Answers 2024/2025

IHRM - ANSWERSThe study and application of all Human resource management activities as they impact
the process of managing Human resources in enterprises in the global environment



internationalization of business - ANSWERSthe process of going global



drivers of INTERNATIONALIZATION of business - ANSWERS- trade agreements

- Search for new markets and reduced costs

- Rapid and extensive global communication

- Rapid development and transfer of new technology

- Improving global education and a global talent pool

- Increased travel and migration

- Knowledge sharing across borders

- E-commerce

- Homogenization of culture and consumer demands

-global internet and social media, tv, music, movies, sports, publications, and news

-competitiveness of emerging market MNEs and SMEs



what happens to HR when businesses go global? - ANSWERSHR responsibilities take on INTERNATIONAL
characteristics which requires HRM professionals to facilitate HRM with a global focus



The spread of internationalization has been named : - ANSWERSGlobalization



both INTERNATIONALIZATION and GLOBALIZATION refer to - ANSWERSthe ever increasing interaction,
interconnectedness, and integration of people, companies, cultures, and countries.

, Internationalization began in: - ANSWERSMajor developed countries such as US, UK Germany, France,
and Japan.



world is becoming "FLAT": - ANSWERSmeans that no country has a commercial advantage in any
particular industry



we are entering era of GLOBALITY: - ANSWERSeveryone competes with everyone from everywhere for
everything



United nations conference on trade and development tracks worlds transnational corporations (TNCs),
analyzing how important these firms are to the global economy; They developed the TNI: transnational
Index - ANSWERSthese surveys and rankings illustrate that the global economy increasingly involves all
kind of products and services from all kinds of organizations located in virtually every country in the
world



CEO of IMB says one of the most difficult challenges as the globalization of businesses is growing at an
unprecedented rate is: - ANSWERSfinding the employees and management that are needed-
responsibility of IHRM



different settings that International Human Resource Managers will be - ANSWERS-headquarters of
multinationals

-home country subsidiaries of foreign-owned firms

-domestic firms



duties of IHRM professionals at headquarters of multinationals - ANSWERS-HRM will be working in
central or regional HQ of traditional MNE

-most common situation for HR managers who confront international responsibilities

-will be developing and overseeing HRM practices from the HQ out to subsidiaries & sub contractors

-administering movement of employee between foreign subsidiaries and headquarters & between
foreign locales (international assignees)

-these IHRM professionals will be working on International assignments

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