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5.0
Global HRM exam 1 Questions With Detailed
Verified Answers (100% Correct Answers) /Already
Graded A+
Q: international HRM
Ans: -the study and application of all HRM activities as they impact the
process of managing HR in enterprises in the global environment
-the success or failure of an enterprises is often a function of how it handles
this
Q: drivers of internationalization of business
Ans: -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
-e-commerce
-homogenization of culture and consumer demands
Q: trade agreements
Ans: -trade between countries and within regions of the world is constantly
increasing on a global basis
-decreased trade barriers and open markets resulted in faster-growing
economies throughout the word
-gov support and encourage
-the center of global trade is moving away from developed countries
,Q: search for new markets
Ans: -global competition comes from anywhere and everywhere
-competition forces organizations to look for opportunities in other countries
Q: Low-cost Country Sourcing (LCCS)
Ans: a procurement strategy in which companies source materials from
countries with lower labor and production costs in order to cut
operating expenses
-examples of costs that could be minimized
-labor costs
-material cost
-marketing cost
-legal costs
-taxes
Q: rapid and extensive global communication
Ans: -the technological revolution has made global communication much
easier, quicker, cheaper and more varied
-enables the spread of information on a global basis about
--how people live
--what they think
--what they want
-creates global expectations for an ever-increasing quality of life
Q: rapid development and transfer of new technology
Examstudy - Stuvia US
,Ans: -new tech are developed around the world and are made available
everywhere
-new tech make it possible to grow and manufacture products and deliver
services with world-class quality and prices everywhere
-modern education and IT allow every
Q: improving global education and a global talent pool
Ans: -improving education around the world is enabling firms everywhere to
produce world-class products and services
-no country or set of countries has an overriding advantage in the global
economy
-there is now a global talent pool that allows firms to operate almost
anywhere in the world today
Q: increased travel and migration
Ans: -international travel has become easier, quicker, and cheaper
-millions of people move to other countries to work
-in 2013. 232 million people of 3.2 % of the world's population, were
international migrants, compared with 175 million in 2000 and 154
million in 1990
Q: top 10 countries hosting international migrants
Ans: 1. US = 45.8%
2. Russia = 11%
3. Germany = 9.8%
4. Saudi Arabia = 9.1%
5. UK= 7.8%
6. United Arab Emirates = 7.8 %
Examstudy - Stuvia US
, 7. France= 7.4%
8. Canada = 7.3 %
9. Spain = 6.5%
10. Australia= 6.5%
Q: knowledge sharing
Ans: -firms operating internationally "export" their management
philosophies and techniques to their foreign subsidiaries
-spread their knowledge and their company cultures everywhere
-in the current phase of globalization the pattens and locations of knowledge
production and the international flows of ideas are rapidly changing
-US, Western Europe and Japan have dominated global production of
knowledge but major shift underway
-recent years increasing globalization and shift from advanced industrialized
countries towards emerging economies
Q: e-commerce
Ans: -WWW and global transportation and logistics services have made it
possible for large, as well as small, firms to conduct business virtually
-websites make business global (anyone who has access to web can see)
-internet worldwide contributed 1.67$ trillion
-if internet was sector it would have a greater weight than agriculture and
utilities
Q: homogenization of culture and consumer demands
Ans: -integration of cultures and values have led to common consumer
demands for some types of products and services throughout the
world
Examstudy - Stuvia US
In today's fast-paced educational landscape, students need reliable resources to excel in their studies.
5.0
Global HRM exam 1 Questions With Detailed
Verified Answers (100% Correct Answers) /Already
Graded A+
Q: international HRM
Ans: -the study and application of all HRM activities as they impact the
process of managing HR in enterprises in the global environment
-the success or failure of an enterprises is often a function of how it handles
this
Q: drivers of internationalization of business
Ans: -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
-e-commerce
-homogenization of culture and consumer demands
Q: trade agreements
Ans: -trade between countries and within regions of the world is constantly
increasing on a global basis
-decreased trade barriers and open markets resulted in faster-growing
economies throughout the word
-gov support and encourage
-the center of global trade is moving away from developed countries
,Q: search for new markets
Ans: -global competition comes from anywhere and everywhere
-competition forces organizations to look for opportunities in other countries
Q: Low-cost Country Sourcing (LCCS)
Ans: a procurement strategy in which companies source materials from
countries with lower labor and production costs in order to cut
operating expenses
-examples of costs that could be minimized
-labor costs
-material cost
-marketing cost
-legal costs
-taxes
Q: rapid and extensive global communication
Ans: -the technological revolution has made global communication much
easier, quicker, cheaper and more varied
-enables the spread of information on a global basis about
--how people live
--what they think
--what they want
-creates global expectations for an ever-increasing quality of life
Q: rapid development and transfer of new technology
Examstudy - Stuvia US
,Ans: -new tech are developed around the world and are made available
everywhere
-new tech make it possible to grow and manufacture products and deliver
services with world-class quality and prices everywhere
-modern education and IT allow every
Q: improving global education and a global talent pool
Ans: -improving education around the world is enabling firms everywhere to
produce world-class products and services
-no country or set of countries has an overriding advantage in the global
economy
-there is now a global talent pool that allows firms to operate almost
anywhere in the world today
Q: increased travel and migration
Ans: -international travel has become easier, quicker, and cheaper
-millions of people move to other countries to work
-in 2013. 232 million people of 3.2 % of the world's population, were
international migrants, compared with 175 million in 2000 and 154
million in 1990
Q: top 10 countries hosting international migrants
Ans: 1. US = 45.8%
2. Russia = 11%
3. Germany = 9.8%
4. Saudi Arabia = 9.1%
5. UK= 7.8%
6. United Arab Emirates = 7.8 %
Examstudy - Stuvia US
, 7. France= 7.4%
8. Canada = 7.3 %
9. Spain = 6.5%
10. Australia= 6.5%
Q: knowledge sharing
Ans: -firms operating internationally "export" their management
philosophies and techniques to their foreign subsidiaries
-spread their knowledge and their company cultures everywhere
-in the current phase of globalization the pattens and locations of knowledge
production and the international flows of ideas are rapidly changing
-US, Western Europe and Japan have dominated global production of
knowledge but major shift underway
-recent years increasing globalization and shift from advanced industrialized
countries towards emerging economies
Q: e-commerce
Ans: -WWW and global transportation and logistics services have made it
possible for large, as well as small, firms to conduct business virtually
-websites make business global (anyone who has access to web can see)
-internet worldwide contributed 1.67$ trillion
-if internet was sector it would have a greater weight than agriculture and
utilities
Q: homogenization of culture and consumer demands
Ans: -integration of cultures and values have led to common consumer
demands for some types of products and services throughout the
world
Examstudy - Stuvia US
