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MERCOSUR is a multilateral agreement among which countries?


A) Malaysia, Indonesia, and Vietnam
B) Germany, France, and Italy
C) Oman, UAE, and Saudi Arabia
D) Argentina, Brazil, and Uruguay

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Strategic Management should involve the identification of ________.


A) employee individual weaknesses
B) core company values and competencies
C) MNC's corporate responsibility liabilities
D) outsourcing opportunities in politically unstable areas

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An organization's international human resource management efforts should take into consideration


A) all employees at all levels and locations, including contingent workforce members.
B) only regular employees located in the country where the organization is headquartered.
C) only regular (non-contingent) employees of the organization, wherever they are located.
D) only employees, whether regular or contingent, located outside of the national boundaries where the organization is headquartered.

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Perhaps the strongest force today to counter the great global influence of MNCs is the combined impact of ________.


A) Labor unions
B) World Bank
C) NGOs
D) Financial IGOs

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Which of the following is a fundamentally important priority for MNCs?


A) Aligning workforce management practices and human resource functions with company strategy.
B) Changing company culture periodically to provide change and variety in the work environment to maintain employee interest and satisfaction.
C) Measuring company climate every quarter to ensure appropriate fit.
D) Downsizing and running "lean" to optimize efficiency and productivity.

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Assisting all internal employees (excluding contingent labor), in the successful execution of their assignments is an important moral responsibility for MNCs.

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An inclusive view of workforce management includes employees who do not have citizenship in the MNC's home country.

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NGOs are increasingly partnering with MNCs to help implement corporate commitments to social responsibility.

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Local demographics such as gender, age, ethnicity, and skill base can greatly affect a MNC's ability to conduct business in a host country.

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More jobs have been lost worldwide in the manufacturing sector due to lack of skilled workers than to anything else.

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What is Corporate Social Responsibility?


A) A company's ability to achieve sustainable development
B) A company's capability to expand foreign direct investment into multiple foreign locations, providing employment opportunities beyond the company's domestic environment
C) A company's awareness of the need of socially responsible corporate behavior toward the environment, its community, and its employees
D) A company's ability to operate with high price to earning ratio

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Identify five different groups of external factors that influence global workforce management. For each group of factors, provide an example.

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Answered by ExamLex AI

Answered by ExamLex AI

1. Economic Factors: Economic conditions...

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Which of the following is not an external factor influencing an MNC's decision-making process?


A) Demographics
B) Technological innovation
C) Social preferences
D) Employee retention rate

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The ILO's Declaration on Fundamental Principles and Rights at Work did not cover which of the following areas?


A) Freedom of association and the right to collective bargaining
B) International import and export tariffs
C) The elimination of forced and compulsory labor
D) The abolition of child labor

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Although individual member states continue to carry out specific employment policies and can follow their own employment regulations while satisfying general EU guidelines, the EU charter provides a common focus on employment rights.

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True

G20 countries are exclusively industrialized countries that meet regularly to discuss world economic and social issues including Russia.

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False

Especially in such areas as quality control, corporate governance, and social responsibility, MNCs must consider all employees-including contingent workers-involved in their primary and secondary business practices.

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Company climate, equivalent to company culture, is the overall level of satisfaction of the workforce, and is not prone to quick changes.

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Action-learning training methods, zero-based human resource forecasting, off shoring back office operations, and managing foreign worksite are examples of ________.


A) technological innovations
B) Chaos Theory
C) innovations in management practice
D) globalization effects on HRM practice

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C

Institutions should acquire the following moral responsibilities when it comes to international human resource management except which of the following?


A) Avoid the semblance of discriminatory treatment.
B) Foster personal enlightenment and self-enrichment of all employees.
C) Embrace the advent of globalization regardless of local trends.
D) Help all employees develop useful, marketable skills.

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