Chap 17 Managing Human Resources Flashcards

0
Q

Labor market

A

The pool of available potential employees with the necessary shills within commuting distance from an employer.

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1
Q

Expatriate

A

A person living outside his or her country of citizenship.

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2
Q

Labor mobility

A

The movement of people from country to country or area to area to get jobs

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3
Q

Brain drain

A

The he loss by a country of its most intelligent and best educated people

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4
Q

Reverse brain drain

A

The return home of highly skilled immigrants who have made a contribution in their adopted country

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5
Q

Labor unions

A

Organizations of workers

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6
Q

Collective bargaining

A

The process I. Which a union represents the interests of workers bargaining in negotiations with management

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7
Q

Ethnocentric

A

As used here, related to hiring and promoting employees in the basis of the parent company’s home-country frame of reference

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8
Q

Poly centric

A

As used here, related to hiring and promoting employees I. The basis of specific local context in which the subsidiary operates.

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9
Q

Regiocentric

A

As used here, related to hiring and promoting employees on the basis of specific regional context in which the subsidiary operates

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10
Q

Geocentric

A

As used here, related to hiring and promoting employees on the basis of ability and experience without considering race or citizenship

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11
Q

Home-country national

A

Same as parent-country national

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12
Q

Parent-country national (PCN)

A

Employee who is a citizen of the nation in which the parent company is headquarters; also called home-country national

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13
Q

Host-country national (HCN)

A

Employee who is a citizen of the anti onion which the subsidiary is operating, which is different from the parent company’s home nation.

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14
Q

Third-country national (TCN)

A

Employee who is a citizen of neither the parent country nation nor the host country

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15
Q

Culture shock

A

The anxiety people often experience when they move from a culture that they are familiar with to one that is entirely different.

16
Q

Allowances

A

Employee compensation payments added to base salaries because of higher expenses encountered when living abroad.

17
Q

Bonuses

A

Expatriate employee compensation payments in addition to base salaries and allowances because of hardship, inconvenience or danger.

18
Q

Compensation package

A

For expatriate employees, packages that can incorporate many types of payment or reimbursements and must take into consideration exchange rates and inflation

19
Q

International status

A

Entitles the expatriate employee to allowances and bonuses applicable to the place or residence and employment