Question 1

Explain how the human capital makes a country attractive in the global arena.

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Question 2

Which attribute of a transnational HR system is the extent to which planning and decision-making include managers from different cultures?

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Question 3

List the four factors that affect HRM in global markets,and describe each briefly.

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Question 4

A Chinese manager is given an expatriate assignment in the United States.Day-to-day expenses in the United States are higher than in China.Which of the following is the firm likely to provide to offset this difference?

Accepted Answer

Cost-of-living allowances are designed to offset the higher day-to-day expenses in the United States compared to the manager's home country of China. Flexible benefits, performance incentives, education allowances, and tax equalization allowances may also be provided, but they are not specifically designed to address differences in the cost of living.

Question 5

Describe the three attributes of a transnational HRM system.

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Question 6

The ________ dimension comprises the skills that enable a manager to maintain psychological well-being.

Accepted Answer

The self dimension includes self-awareness, self-regulation, and self-care, which are critical for maintaining psychological well-being as a manager.

Question 7

Traditionally,________ has been almost the sole variable used in deciding who will be sent on overseas assignments.

Accepted Answer

According to the statement, traditionally technical competence has been almost the sole variable used in deciding who will be sent on overseas assignments.

Question 8

What led to the formation of the European Economic Community (EEC)? Describe how the EEC has affected the global economy.

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Question 9

Which of the following dimensions involves the skills required to foster associations with host-country nationals?

Accepted Answer

The relationship dimension involves the skills required to foster associations with host-country nationals. This dimension includes skills such as building networks, establishing trust, and developing mutual understanding.

Question 10

________ are payments that offset the differences in expenditures on day-to-day necessities between a host country and a parent country.

Accepted Answer

Cost-of-living allowances are payments made to offset the differences in expenditures on day-to-day necessities between a host country and a parent country. These allowances help the employee maintain the same standard of living they had in their home country. Performance incentives incentivize employees to perform better, tax equalization allowances help employees avoid double taxation, flexible benefits provide employees with a choice of benefits, and education allowances provide support for the education of employees' children.

Question 11

________ is the extent to which an expatriate receives information and recognizes changes while abroad.

Accepted Answer

Communication is the process through which an expatriate receives information and recognizes changes while abroad.

Question 12

Which of the following dimensions includes the skills required to evaluate the host environment?

Accepted Answer

The perception dimension includes the skills required to evaluate the host environment, as it involves understanding and interpreting the surroundings and situations one is in.

Question 13

The extent to which expatriates receive recognition from peers and bosses following their expatriate assignment is called

Accepted Answer

The extent to which expatriates receive recognition from peers and bosses following their expatriate assignment is called validation. Validation refers to the acknowledgment and appreciation of an individual's contribution, skills, and achievements. It is a critical part of an expatriate's experience, as it affects their motivation, job satisfaction, and overall success in the assignment. Thus, choice B, validation, is the best option.

Question 14

You have been asked to prepare a total pay package for three managers who are going overseas to work.Describe the components you will consider and what you will need to gather from each host country to make your package complete.

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Question 15

The total compensation package that equalizes the purchasing power of an expatriate manager with that of employees in similar positions in the home country and provides incentives to offset the inconvenience incurred in the location is known as the ________ approach.

Accepted Answer

The balance sheet approach is designed to ensure that the purchasing power of an expatriate manager is equal to what they would have in their home country, while also providing incentives to help offset the inconvenience of the location. This approach takes into account all elements of the compensation package, including base salary, taxes, benefits, and allowances for relocation expenses, housing, education, and other costs. It is a comprehensive method and is one of the most widely used approaches for expatriate compensation.

Question 16

Using the three dimensions of adaptive skills required by expatriates,describe how prepared you are to adapt to a new culture.

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Question 17

Describe how domestic firms become international organizations.

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Question 18

Differentiate between global and multinational companies.

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Question 19

Explain how the balance sheet approach to expatriate compensation is used to offset the differences between costs in the home and host countries

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Question 20

Describe Hofstede's cultural dimensions,and discuss their importance for HRM.

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Quiz 15: Managing Human Resources Globally