Global Human Resource Management

In terms of the “gender gap” how does Canada compare internationally?

• Canada has one of the smallest gender gaps in the world.

• Canada has an average gender gap compared to other countries.

• Canada has one of the largest gender gaps in the world.

• Canada's gender gap is not well-documented.

What are the three main approaches to staffing policy within international businesses?

• Ethnocentric, polycentric, and geocentric approaches.

• Domestic, international, and global approaches.

• Centralized, decentralized, and hybrid approaches.

• Traditional, modern, and contemporary approaches.

Why might a firm pursue an ethnocentric staffing policy?

• To reduce costs associated with hiring local employees.

• To maintain a unified corporate culture.

• To increase the diversity of the workforce.

• To comply with local labor laws.

What is the purpose of cultural training for expatriate managers?

• To help them understand and adapt to the host country's culture

• To teach them a new language

• To prepare them for technical challenges

• To provide them with vacation planning tips

How can a country hold onto its jobs in a rapidly changing and increasingly global world?

• By implementing protectionist policies

• By encouraging innovation and upskilling

• By reducing trade with other countries

• By increasing tariffs on imports

What else, besides labour costs, influences a company to move or change locations?

• Tax incentives

• Climate

• Local culture

• Proximity to suppliers

What is a further component of the balance sheet approach?

• Providing financial incentives and allowances to offset qualitative differences between assignment locations

• Offering stock options

• Providing housing allowances only

• Offering travel allowances

What do many firms ensure for their expatriates regarding medical and pension benefits?

• They receive the same level of benefits abroad that they received at home

• They receive reduced benefits abroad

• They receive enhanced benefits abroad

• They receive no benefits abroad

What is a principal concern of organized labour regarding multinational corporations?

• The multinational can counter union bargaining power by threatening to move production to another country

• The multinational can offer higher wages

• The multinational can provide better working conditions

• The multinational can offer stock options

An ethnocentric approach to staffing policy fills all key management positions in an international business with parent-country nationals. The policy is congruent with an international strategy. Which of the following is a disadvantage of an ethnocentric staffing policy?

• It promotes cultural diversity.

• It can result in cultural myopia.

• It is cost-effective.

• It encourages local talent.