Question 1

A domestic firm,like Honda,General Electric,an Procter and Gamble,that builds on existing capabilities to penetrate overseas markets is an example of a(n)________________ corporation.

Accepted Answer

An international corporation is a business that engages in foreign trade, but does not have significant operations and investments in other countries. In this case, the domestic firm is using its existing capabilities to expand into international markets, but is not necessarily establishing extensive operations in those markets. The other options (transnational, multinational, and global) typically involve more strategic investments and operations in multiple countries.

Question 2

Adapting pay and other compensation benefits to match that of a particular country is known as:

Accepted Answer

The answer of Adapting pay and other compensation benefits to...

Question 3

A system whereby expatriates are given a portion of their pay in the local currency to cover their day-today expenses and a portion of their pay in their home currency to safeguard their
Earnings from changes in inflation or foreign exchange rates is known as:

Accepted Answer

The system described is called split pay because the expatriate is receiving a portion of their pay in two different currencies. Host based pay refers to paying employees based on the local market of the host country, which is not the case in this scenario. Localization refers to the process of adapting a product or service to meet the language, cultural, and other specific requirements of a particular country or region, and is also not relevant to this question. Home based pay refers to paying employees based on the standards of their home country, which is also not applicable here.

Question 4

The process of repatriation begins:

Accepted Answer

The answer of The process of repatriation begins:
...

Question 5

Overseas-based companies have experienced _________________ in the U.S.

Accepted Answer

The phrase "like Toyota Motor Corporation" implies that some overseas-based companies have achieved dominance in the US market. Therefore, option B is the correct answer. Options A, C, and D are incorrect as they do not match the implication of the given sentence.

Question 6

In using the balance-sheet approach to compensating expatriate managers,the term "differentials" refers to the concept of:

Accepted Answer

Differentials refer to the added compensation given to expatriate managers to offset the higher costs of goods, services, and housing in the foreign country they are working in. This is meant to ensure that the expatriate is not experiencing a decrease in their standard of living as a result of their assignment. Options A and B refer to different compensation approaches, and option C specifically refers to relocation expenses rather than differentials.

Question 7

A very high level of worker participation in management is found in Germany,where national law requires that labor be part of the boards of directors of companies.This participative arrangement is called:

Accepted Answer

The participative arrangement in Germany where labor is required to be part of the boards of directors of companies is called codetermination. This is a specific legal requirement in Germany and differentiates it from other countries with lower levels of worker participation in management. Options A, B, and C are not correct as they do not accurately describe the specific participative arrangement in Germany.

Question 8

Only ____ percent of people globally are covered by any sort of social programs.

Accepted Answer

According to the World Bank, only 20 percent of people globally are covered by any sort of social programs.

Question 9

Among the following countries,which has the highest hourly wages?

Accepted Answer

The answer of Among the following countries,which has the highest...

Question 10

In collectivist societies such as Japan and Taiwan,pay plans focus on:

Accepted Answer

In collectivist societies, pay plans typically focus on internal equity and personal needs rather than individual performance. This is because in these cultures, group harmony and cooperation are valued above individual achievement. Ensuring that everyone is fairly compensated and their personal needs are met is seen as more important than rewarding individual performance. Weekly or monthly salary guarantees may also be a factor, but they are not the primary focus. Non-financial incentives may also be used in these cultures, but again, they are not the primary focus of pay plans.

Question 11

A specialized agency of the United Nations that researches and endorses labor standards is called:

Accepted Answer

The International Labour Organization (ILO) is a specialized agency of the United Nations that researches and endorses labor standards. The World Trade Organization (WTO) deals with global trade and commerce, the Congress of Industrial Organizations (CIO) was a federation of industrial unions in the United States (now part of the AFL-CIO), and the Center for Collective Bargaining is a non-profit organization that provides resources and training for collective bargaining.

Question 12

Which of the following groups of individuals tends to be in the best position to evaluate their own performance?

Accepted Answer

The answer of Which of the following groups of individuals...

Question 13

Repatriation is a process designed to:

Accepted Answer

Repatriation is the process of helping employees readjust to their home country and work environment after an international assignment. It involves providing support and assistance to mitigate potential culture shock and help employees reintegrate into their home culture and society.

Question 14

Pay based on an expatriate's home country's compensation practices is known as:

Accepted Answer

Home based pay is calculated based on the salary structure of the expatriate's home country. This method ensures that the expatriate's standard of living remains the same or similar to what it would have been in their home country. It also takes into account any variations in cost of living and tax rates between the home country and the host country.

Question 15

In using the balance-sheet approach to compensating expatriate managers,the term "incentives" refers to the concept of:

Accepted Answer

Incentives in the context of expatriate compensation often include additional pay or benefits to compensate for the hardship or inconvenience of being separated from one's home country, family, and friends. This is designed to make the assignment more attractive and to acknowledge the personal sacrifices made by the expatriate.

Question 16

The most active of the international union organizations has been the:

Accepted Answer

The International Trade Union Confederation (ITUC) is the most active international union organization, representing 200 million workers in 163 countries. Its mission is to promote and defend workers' rights and interests at the global level, and it regularly engages in advocacy and lobbying efforts to improve labor standards and conditions worldwide. The other options listed are also international union organizations, but they are not as active or influential as the ITUC.

Question 17

Which of the following is NOT one of the five steps related to calculating the ROI of an international assignment?

Accepted Answer

Prioritizing qualitative mechanisms and aspects is not a standard step in calculating ROI, which typically involves defining objectives, quantifying behaviors, and calculating the return.

Question 18

Some studies show that ____ of employees leave their organizations with one or two years of returning from an international assignment.

Accepted Answer

The answer of Some studies show that ____ of employees...

Question 19

China has:

Accepted Answer

In China, there is only one union that is allowed by the government, which is the All-China Federation of Trade Unions (ACFTU). It is the largest trade union in the world and is controlled by the Chinese Communist Party. All other independent unions are deemed illegal by the government.

Question 20

In designing compensation systems,the philosophy of "thinking globally and acting locally" means that:

Accepted Answer

"Thinking globally and acting locally" means that while designing compensation systems, organizational policies and strategies should be taken into consideration, but also enough flexibility should be provided to customize these policies to meet specific employee needs in particular locations. This way, the compensation system will address local market conditions, cultural differences, and legal requirements while taking care of the organization's overall goals and objectives.

Quiz 15: International Human Resources Management

A domestic firm,like Honda,General Electric,an Procter and Gamble,that builds on existing capabilities to penetrate overseas markets is an example of a(n) ________________ corporation.