The human capital index based on a comprehensive global study of more than 2000

The human capital index based on a comprehensive

This preview shows page 41 - 43 out of 61 pages.

The human capital index, based on a comprehensive global study of more than 2,000 companies, found that superior human capital practices were_______correalted with a firm’s financial returns and were a(n)_________indicator of increased shareholder value. Positively;Leading 10. Which of the follow best explains why human resource management is much more complicated in international settings than it is domestically? The complications that arise from political, cultural, legal, and economic differences between countries 11. Jack Terenson, a native of dallas, texas is being sent by his firm, sanyo of japan, to be charge of a new plant in China. Jack is an example of a(n)____________. Third-country national 12. A British MNE with operations all over the world has a special leadership development program to expedite and deepen the development of its future leaders. It brings to its headquarters in london promising young managers from some of its subsidiaries in emerging markets for a year to take part in the program. These managers are called______________. Reverse expatriates 13. A key disadvantage of a polycentric staffing policy is that it limits the career mobility of subsidiary executives. True 14. A staffing policy which entails looking or the very best people with the hyighest qualifications to fill important positions throughout the firm, without placing importance on the nationality of candidates is the __________staffing policy. geocentric 15. In order for a manager to truly globalize her career and be successful,_________in required. Growing global awareness and real life knowledge about how the world works 16. Human resource management is_____________for MNEs than it is for purely domestic firm not operating overseas. A lot more complex and difficult 17. The chapter describes three different integrative staffing frameworks. They are__________. Ethnocentric,polycentric,and geocentric 18. The polycentric staffing approach has the problem of not facilitating the career mobility of host country managers from subsidiaries in other countries True 19. A staffing policy which entails looking or the very best people with the highest qualifications to fill important positions throughout the firm, without placing importance on the nationality of candidates is the global centric staffing policy. False 20. Expatriate failure is the term used to describe when a manager is unable to complete an assignment in another country and return prematurely to the home country. This is usually an indication that there has been a breakdown in the firm’s foreign staffing policy. ---------------------------------------------------------------------------------------------------------------------------- Fall 2017 Quiz 6 1. _________is when a government seizes a firm’s assets with compensation. Expropriation 2. On which of the following is lslamic law based (Qur’an) 3. How international firms do business in a mixed and command economies is affected by the
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actions of public officers, institutions and government agencies. This is not the case in free market economies. (F) 4. ________are three major types of current political systems. Totalitarianism, socialism and democracy 5. Of the following, Which terms relates to legal system based on fair enforcement of clear rules?
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