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Flashcards in Chapter 11 Deck (43)
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1

What is an international organization?

Firm using existing capabilities to expand into foreign markets

2

What is a multinational corporation?

Subsidiaries operating as fully autonomous units in different countries.

3

What is a global corporation?

Many subsidiaries but control stays in home office, view the world market as a unified whole.

4

What is a transnational corporation?

Specialized facilities positioned around the world, autonomy to different country operations but brings all separate activities together as an integrated whole.

5

What are the 3 factors that need to be considered in international HRM and explain them.

- economic: trade agreements affect jobs around the world
- political-legal: poorly protected property rights give less incentives to invest and locate factories
- Cultural environment: communication, religion, values, education and social structure

6

To what a company's good reputation is positively related?

measurable outcomes such as:
- innovation
- social responsibility
- financial soundness
- global competitiveness

7

What countries are part of what is called BRICS, countries considered to have the fast-growing economies?

- Brazil
- Russia
- India
- China
- South Africa

8

What are the differences between Canadian and International HRM?

- more emphasis on relocation, orientation and translation services
- decisions on currency for compensation
- security measures (terrorists, natural disasters...)

9

What are the three sources of employees to staff international operations?

- Expatriates (home-country nationals)
- Host-Country nationals
- third-country nationals

10

What is usually used as a staffing source for multinational operations?

A mix of all 3 sources

11

What is the main disadvantage of sending Expatriates for an organization?

it is very costly

12

What is called a short-term assignment?

assignment of 6 to 12 months

13

What are the main advantages of hiring host-country nationals?

- less costly
- sometimes required by local government to create jobs
- customers like to encourage businesses that helps local economy (local vs foreign)

14

What are the advantages of hiring third-country nationals?

- often multilingual
- less costly
- able to cope culturally with foreign environment

15

What restriction all countries have regarding the employment of foreigners?

need of work permit or visa

16

What are guest workers?

foreign workers who come to perform needed labour

17

To attract and retain global talent, organizations need to focus on:

- Brand: reputation
- compensation: competitive reward Program
- development of skills
- Culture: understand environment and offer support

18

What are the two major source of trained labour in international HRM?

- apprenticeships
- transnational teams

19

What are transnational teams?

group composed of members of multiple nationalities working on projects over multiple countries.

20

What is the fundamental task when forming a transnational team?

assemble the right group of people who can work effectively.

21

on what basis does other countries usually tend to hire?

- family ties, social status and common origins

22

What is the main factor we need to look at when selecting candidates for expatriation?

the person's tolerance of culture differences

23

What are the steps to select expatriate managers?

1- self-selection
2- create candidate pool
3- assess core skills relative to assignment
4- assess augmented skills and attributes

24

What are the technical competences locked at in the expatriate selection criteria?

- country experience
- language skills
- family flexibility
- professional experience
- international experience
- interpersonal skills

25

What is the primary reason for an assignment failure?

the person's family

26

What is the main content of training programs for employees working internationally?

- knowledge on country and culture of where they are going
- language training
- history, values, and dynamics of own organization

27

What can be done by employers to provide help to the expatriate's family?

- provide help finding jobs for the spouse
- provide career- and life-planning counselling

28

What is the process of repatriation used for?

To facilitate the process of the employees return, help the employees make the transition back home

29

What is the key to make repatriation successful?

communication: information for the employee to know what to expect on the return

30

Why is compensation one of the most complex areas of international HRM?

Because different countries have different values and normes regarding compensation