VERIFIED CORRECT COMPLETE
SOLUTIONS ALL PASSED
SMART - Correct Answer ✔✔ Specific, Measurable, Attainable, Relevant, Timebound
Extraterritoriality - Correct Answer ✔✔ Extends the power of a country's laws over it
citizens outside that country's sovereign national boundaries.
Porter's "Five Forces" - Correct Answer ✔✔ 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 Answer ✔✔ Basic assumptions (implicit culture),
norms and values, artifacts and products (explicit culture)
Due process - Correct Answer ✔✔ Concept that laws are enforced through accepted,
codified procedures
Histogram - Correct Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ Which growth strategy is
commonly used to accelerate path to globalization?
Impoverished Manager - Correct Answer ✔✔ 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 Answer ✔✔ Refers to the degree of confidence,
trust, and respect that followers have in their leadership.
, Environmental Scanning - Correct Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ Calculated at various stages in recruitment as well as
at the end. Example is qualified applicants/total applicants
Assessment Centers - Correct Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ 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 Answer ✔✔ IT solutions each support different HR function,
multiple vendors are necessary to manager multiple HR functions.
Risk Register - Correct Answer ✔✔ 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.
Personal networks and social capital - Correct Answer ✔✔ Are the informal knowledge
management system within the global organization. Does not depend on computer
application but on personal networks and associations.
Delphi Method - Correct Answer ✔✔ Used to avoid "group think" therefore members
never meet. The group members take turns presenting forecasts until a composite
emerges