Extraterritoriality - correct answers Extends the power of a country's laws over it citizens outside that country's
sovereign national boundaries.
Porter's "Five Forces" - correct answers 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 - correct answers Basic assumptions (implicit culture), norms and values, artifacts and products
(explicit culture)
Due process - correct answers Concept that laws are enforced through accepted, codified procedures
Histogram - correct answers 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 - correct answers 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 - correct answers 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 - correct answers Which growth strategy is commonly used to accelerate path to
globalization?
Impoverished Manager - correct answers 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 - correct answers Refers to the degree of confidence, trust, and respect that followers have in
their leadership.
Environmental Scanning - correct answers 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 - correct answers 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 - correct answers 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 - correct answers Calculated at various stages in recruitment as well as at the end. Example is qualified
applicants/total applicants
Assessment Centers - correct answers 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 - correct answers 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 - correct answers 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 - correct answers IT solutions each support different HR function, multiple vendors are necessary to
manager multiple HR functions.
Risk Register - correct answers Documents risks that been identified, assessments, management strategy, and
individuals responsible for implementing and monitoring the strategy. While it may include information about key risks
indicators that signal increasing risk, it is not a process used to identify these indicators. Help create transparency and
accountability.
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