Chapter 15: Managing Human Resources GloballyAssignment
True or false: North American Free Trade Agreement (NAFTA) member nations made up a larger free market than European Union (EU) member nations.
True
Which of the following countries are considered individualist cultures? (Select all that apply.)
United States the Netherlands Great Britain
Which organization was established by the General Agreement on Tariffs and Trade (GATT) to seek solutions to conflicts between member-nations?
World Trade Organization (WTO)
What is the most important factor influencing international HRM?
a country's culture
A socialist economic system is characterized by a tax system that takes ______.
a higher percentage of income than a capitalist system does as a person moves up the economic ladder
According to Hofstede's research, countries with individualist cultures tend to ______.
be wealthy
Workers have economic incentives to invest in their individual human capital in ______ economic systems.
capitalist
"Feminine" societies value ______ more than "masculine" societies. (Select all that apply.)
community serving other people protecting the environment
The set of important assumptions (often unstated) that members of a community share is the definition of ______.
culture
Cultures with strong uncertainty avoidance ______. (Select all that apply.)
demonstrate inflexibility when dealing with differing viewpoints have rules for how people should behave
What is the primary reason why HRM practices effective in the United States may not work in another country?
differences in culture
What are the factors that affect HRM policies in global markets? (Select all that apply.)
education-human capital political-legal system economic system culture
Countries with small power distances seek to ______.
eliminate inequalities in power and wealth
What HRM practices or requirements may be dictated by a country's political-legal system?
employee training compensation hiring and firing
What is the common currency used by the European Union (EU)?
euro
Hofstede's cultural dimensions ______. (Select all that apply.)
help companies decide where to do business help companies know how to manage workers who come from different cultures
Which of Hofstede's cultural dimensions describes how a culture balances immediate benefits with future rewards?
long-term-short-term orientation
Which of Hofstede's cultural dimensions describes the division of roles between the sexes in a society?
masculinity-femininity dimension
A large power difference between a host country and a home country may cause ______ between the involved parties.
miscommunication
In an individualist culture, the extent of ______ is the main indicator of how long an employee will remain in a job
person-job fit
Which of Hofstede's dimensions refers to how a culture deals with hierarchical power relationships?
power distance
The legal regulations pertaining to HRM practices in other countries typically reflect the country's ______.
societal norms
Which countries were part of the North American Free Trade Agreement (NAFTA)?
the United States, Canada, and Mexico
Cultures with a long-term orientation focus on ______.
the future
What factor indicates that human capital is high in a country?
the presence of educational opportunities for citizens
How does international expansion provide companies with a competitive advantage? (Select all that apply.)
through access to more customers through access to some countries' low labor costs
What is the purpose of the European Union (EU)?
to allow member nations to easily engage in trade with one another
What is the purpose of the General Agreement on Tariffs and Trade (GATT)?
to reduce trade barriers among its member-nations
Which of Hofstede's cultural dimensions describes how cultures seek to deal with a future that cannot be completely predicted?
uncertainty avoidance
Companies considering an expansion into global markets must recognize that the new markets ______.
will be different in a number of ways from the home country
What are the main implications for HRM of cultural differences? (Select all that apply.)
Companies may need to adjust how they encourage and inspire workers. Managers may need to adjust their managerial style. Companies may need to adjust who makes decisions.
Which of the following statements about human capital is true?
Countries with low human capital attract facilities that require low skills and low wage levels.
Which Asian country has the largest potential consumer market for goods and services?
China
What phrase is used to describe the strength of the relation between an individual and other individuals in a society?
Individualism-collectivism
What is a possible benefit of operating a company facility in a foreign country?
Labor costs may be lower.
In addition to Japan and China, which Asian countries have recently become economic forces? (Select all that apply.)
Malaysia Singapore
Which of the following countries are considered collectivist cultures? (Select all that apply.)
Pakistan Colombia Taiwan
