the local dishes that the region should serve. However, all stores are aligned with strict standardized quality practices, which all regions must adhere to. For example, after a region decides on the list of local foods it would like to serve, corporate headquarters approves the final recipes for each region. In addition, managers from the various meet regularly to ensure that each region’s goals align with overall corporate strategic goals. For example, they have built a thorough screening process to ensure the same quality of food from vendors throughout the regions. Which of the following stages of globalization would BEST align with strategic business goals of expansion? A. Global B. Transnational C. Domestic D. Multinational Answer: B QUESTION: 193 An organization is evolving from a largely domestic to a multinational company with offices around the world. There has been some tension between the new offices and headquarters in regards to the level of freedom of each of the sites. Which of the following steps should be the next step in this change management process towards further globalization? A. Develop a cultural roadmap for the company B. Communicate the desired change and have senior management sell the idea throughout the organization C. Have senior management meet to discuss and decide on the future vision for the company D. Assess the external environment to benchmark the need for need for change Answer: C QUESTION: 194 61
You are in the process of developing a global compensation structure. Which of the following factors dose NOT contribute to a balanced and consistent compensation strategy? A. Perceptions of fairness by employees B. Continual communication across functions and locations C. Cross-cultural training D. Assumptions of working standards understood, ie hours worked on average in a week, termination costs. Answer: C QUESTION: 195 Let’s assume you are a HR Manager at a high tech start-up company in its late stages with 3 rounds of funding. The firm’s cash balance is $13 million, with a burn rate off $1 million/per month. It anticipates a break-even within 1 1/2 years, and there are no plans for acquisition or IPO within the next year. The company is an opto-electronics company,
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