Question 1

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

Accepted Answer

A) True 
 B)False  False

Question 2

What is Corporate Social Responsibility?

Accepted Answer

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

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

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

Question 5

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

Accepted Answer

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.

Question 6

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

Accepted Answer

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.

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

1. Economic Factors: Economic conditions...

Question 9

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

Accepted Answer

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

Question 10

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

Accepted Answer

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.

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

Strategic Management should involve the identification of ________.

Accepted Answer

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

Question 15

MERCOSUR is a multilateral agreement among which countries?

Accepted Answer

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

Question 16

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.

Accepted Answer

A) True 
 B)False  True

Question 17

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.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

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

Question 19

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

Accepted Answer

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

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 1: Introduction and Overview

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

Correct AnswerverifiedFalse

What is Corporate Social Responsibility?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerAnswered by ExamLex AI1. Economic Factors: Economic conditions...View AnswerShow Answer

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

Correct AnswerverifiedC

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Strategic Management should involve the identification of ________.

Correct AnswerverifiedShow Answer

MERCOSUR is a multilateral agreement among which countries?

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedTrue

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.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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False

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Answered by ExamLex AI
1. Economic Factors: Economic conditions...
View Answer

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C

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True

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