Hyundai tends to follow an ethnocentric staffing model. From which group will it most likely hirefor upper-level management positions? Parent country nationalsWhich of the following is considered to be a potentially significant disadvantage of using a geocentric policy for staffing international operations?Heavy overall costs from paying high salaries and moving costs of managers
Since expatriate managers go through initial culture shock in their host-country assignments, the experience prepares them well for and makes far easier the reverse culture shocks of returning to home-country after completing the expatriate assignment.FalseTraining local workers on how to work on an assembly line is an example of cultural assimilation.FalseWhich of the following is something that a company might do to effectively handle the process of obtaining approvals for host country subsidiary operations? Hire managerial talent from the host countryAn important advantage of polycentric staffing is that it _______.Eliminates the high cost of relocating expatriate managers and their familiesCHAPTER 7A _____ is a political system in which a country’s religious leaders serve as its political leaders.TheocracyWhat do communists and socialists have in common?Both believe that the government should control all types of economic activity. A legal tradition based on religious teachings is called ________ law.theocratic Central planning is rooted in the ideology that ________.the welfare of a group is more important than individual well-being In a command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are planned by ________.government officials Expropriation is best defined as the ________.transference of ownership from private to public sector with compensation to private owners for their losses Which of the following do governments impose upon people to help pay for the consequences of using a particular product?consumption taxes The U.S. legal system is largely based on ________.common law
A group of students from Mexico went on spring vacation to Cuba. While there they saw street venders selling handbags labeled "Gucci" for $5 each. They did not buy the bags because they were fake. This was an example of _________.piracyIn North Korea practically all economic activities including decisions involving what to produce and what prices to charge are controlled by the state. Which of the following types of economicsystems does North Korea have?command economy Horizon Ltd. is a software company that, over the last year, incorporated social responsibility into its core operations to create value and build competitive advantage. Which layer of corporate social responsibility does Horizon Ltd. function at?strategic Corporate Social Responsibility (CSR) Macronesia is a nation where people are afraid to criticize the government for fear of being imprisoned and tortured, The Macronesian rulers maintain strict control over much of the live of its people. What kind of political system does Macronesia have?totalitarianismProduct liability laws are those which ________.
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