The economic system of the host country has little impact on the way in which HR programs and practices are used.

Question

Quizplus · Accepted Answer

The economic system of the host country can greatly impact the HR programs and practices utilized. For example, in a socialist system, there may be more emphasis on collective decision-making and employee rights, while in a capitalist system, there may be more focus on individual performance and competition. Cultural and legal factors may also be influenced by the economic system.

The Economic System of the Host Country Has Little Impact