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What are the basic issues involved in recruiting and selecting managers for foreign assignments?

Why is performance appraisal important for international firms?

How does international HRM for non-managerial employees differ from that for managerial employees?

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019
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Related questions

Question 1 What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?

Question 2 Why can't all the balance of payments accounts be in surplus?

Question 3 How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs? Explain. Who are the winners and losers from trade restrictions? Given that trade restrictions impose losses on an economy, why are trade restrictions so common?

Question 4 Describe developing countries and how they differ from industrial market economies. How can international trade aid development? In what ways does the international economy impose problems on developing countries?

Question 5 How can two countries both be better off as a result of trade?

3. Principal-agent relationships:

a. reduce monitoring costs

b. occur because managers have good informaiton about employees.

c. are not related to asymmetric information

d. are subject to moral hazard problems.

5. Princpal-agent problems:

a. occur when firm managers have more incentive to maximize profit than shareholder do.

b. would be reduced if firm owners had better information about the actions of the firm's managers.

c. help explain why equity investments from outside owners are an important finanicing source for firms.

d. are increased as more information is shard between the parties

6. In order to create an effective incentive compensation scheme, you must have

a.adequate performance measures

b. unlimited funds

c. a flat management structure

d. None of the above

1.Which of the following key questions do managers not ask when designing the organizational structure?

A. Should the company evaluate its employees?

B. How should the company introduce corrective measures?

C. Who should coordinate the activities to achieve overall strategies?

D. How should information be delivered to managers?

E. What is the most efficient method of linking divisions to each other?

2.Which of the following do companies NOT need to know about differences in political and legal systems?

A. If host government approval is necessary for making direct investments

B. If specific departments have the authority to give approval for business deals

C. If firms must hire outside consultants to teach them about the local system

D. If English is spoken

E. If legal and political processes often differ in target countries

3. Changes in strategy require ________.

A. a low-cost leadership strategy

B. chains of command

C. decentralization

D. adjustments in structure

E. accountability

4. Which of the following statements does NOT describe a mission statement?

A. The mission statement guides decisions such as which industries to enter.

B. Mission statements explain the effect of company's operations on stakeholders.

C. A mission statement is a written statement of why a company exists.

D. The mission statement of an international business depends on its type of business.

E. A mission statement identifies and selects an organization's objectives.

5. Which of the following is NOT a question to ask before going global?

A. Is your company a start-up?

B. Have you or your employees lived in other cultures for a long time?

C. Do you or your employees speak other languages?

D. Will you need to adapt your product?

E. Is your company's infrastructure able to handle international activities?

6.When designing structure, managers must consider the degree of ________ needed among various groups within the firm.

A. funding

B. leadership

C. focus

D. adaptation

E. coordination

7. Which of the following strategies is NOT business-level strategy?

A. A brand strategy

B. A growth strategy

C. A differentiation strategy

D. A focus strategy

E. A low-cost leadership strategy

8. For self-managed teams, experts suggest all of the basic guidelines except ________.

A. ignoring cultural differences in self-managed teams

B. using selection tests to identify the employees likely to perform well in a team

C. training local managers at the parent company

D. adapting self-managed work teams to the national culture of each subsidiary

E. adapting the integration process of work teams to each national culture

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