1.
Which one of these reason is not cited for increase in globalization of companies?
Correct Answer
D. Competition
Explanation
Option A, B & C are the reasons for increased in globalization because the companies saw opportunity and competition is not
2.
Globalization of companies in 1960 was due to
Correct Answer
A. Search for new markets
Explanation
Companies wanted find new markets for their product in 1960. There was no lack of funds, machinery and transportation.
3.
What is the name of the book that Thomas Freedman authored in 1999
Correct Answer
B. The Lexus and the Olive Tree
Explanation
Thomas Freedman authored "The Lexus and the Olive Tree in 1999. He compared the process of globalization; Lexus to a modernization an Oliver tree to traditions.
4.
What does Thomas Freedman's Book The Lexus and the Olive Tree Symbolize,
Correct Answer
A. Modernization and Tradition
Explanation
Thomas Freedman authored "The Lexus and the Olive Tree in 1999. He compared the process of globalization; Lexus to a modernization an Oliver tree to traditions.
5.
Which one of these is an emerging market
Correct Answer
A. Brazil
Explanation
Brazil with other Asian countries are called emerging markets. Canada and Switzerland are developed countries and Kenya is developing country
6.
What is a MNC ( Multi National Company)?
Correct Answer
D. Company has multiple facilities in a single country
Explanation
A company has multiple locations in different countries that are directly controlled and operated by the parent company. Parent Company polices are applied unless there is a difference in local laws and culture.
7.
According to Bartlett and Ghoshal (1992) which one of these is not a part of evolution of a international enterprise?
Correct Answer
D. Continental
Explanation
According to Bartlett and Ghoshal the stages of globalization are; demotic, international, multinational, global and transnational.
8.
According to Bartlet and Ghoshal's stages of globalization when does a company reach international stage in globalization.
Correct Answer
A. The products are made domestically but has international sales. Employees are primarily head office based, may have an office in a foreign country
Explanation
Company reaches domestic when it produces goods and services that are sold or used domestically. An international sale is very minimum and it is done by agents. International phase is the second phase in globalization. It is here that the company has an international presence; products and services are still manufactured domestically but sold internationally. Company will have an international office. Multinational is the third phase of globalizaiton. In this stage, the company has multiple facilities around the world. The fourth stage is Global where company is seen as global in its activity, staffing is global and employees move across the globe. The final stage is the Tansnational stage; this is the peak of the globalizaiton stages. It is here the company is able manage standrization and loclizaiton and embrase local culture. Staffing is global and employees consider these comany as a single world company
9.
According to Bartlet and Ghoshal's stages of globalization when does a company reach domestic stage in globalization.
Correct Answer
A. The products are made domestically and sold domestically. There could be international trade but it would be done by an agent. Staffing is purely national and internal.
Explanation
Company reaches domestic when it produces goods and services that are sold or used domestically. An international sale is very minimum and it is done by agents. International phase is the second phase in globalization. It is here that the company has an international presence; products and services are still manufactured domestically but sold internationally. Company will have an international office. Multinational is the third phase of globalizaiton. In this stage, the company has multiple facilities around the world. The fourth stage is Global where company is seen as global in its activity, staffing is global and employees move across the globe. The final stage is the Tansnational stage; this is the peak of the globalizaiton stages. It is here the company is able manage standrization and loclizaiton and embrase local culture. Staffing is global and employees consider these comany as a single world company
10.
According to Bartlet and Ghoshal's stages of globalization when does a company reach Global stage in globalization.
Correct Answer
C. Company has multiple facilities world wide and employees are hired across the world
Explanation
Company reaches domestic when it produces goods and services that are sold or used domestically. An international sale is very minimum and it is done by agents. International phase is the second phase in globalization. It is here that the company has an international presence; products and services are still manufactured domestically but sold internationally. Company will have an international office. Multinational is the third phase of globalizaiton. In this stage, the company has multiple facilities around the world. The fourth stage is Global where company is seen as global in its activity, staffing is global and employees move across the globe. The final stage is the Tansnational stage; this is the peak of the globalizaiton stages. It is here the company is able manage standrization and loclizaiton and embrase local culture. Staffing is global and employees consider these comany as a single world company
11.
According to Bartlet and Ghoshal's stages of globalization when does a company reach transnational stage in globalization.
Correct Answer
D. Company has multiple facilities around the world and is able balance between standardization and localization and can easily embrace local culture. Employees move freely around the world.
Explanation
Company reaches domestic when it produces goods and services that are sold or used domestically. An international sale is very minimum and it is done by agents. International phase is the second phase in globalization. It is here that the company has an international presence; products and services are still manufactured domestically but sold internationally. Company will have an international office. Multinational is the third phase of globalizaiton. In this stage, the company has multiple facilities around the world. The fourth stage is Global where company is seen as global in its activity, staffing is global and employees move across the globe. The final stage is the Tansnational stage; this is the peak of the globalizaiton stages. It is here the company is able manage standrization and loclizaiton and embrase local culture. Staffing is global and employees consider these comany as a single world company
12.
Which one of these is a Global Integration method?
Correct Answer
B. Alignment of decision. The parent company's policy are aligned with the local company
Explanation
Global integration is to align company policies keeping in compliance with the local policies. Company which are Global and Transnational in nature normally excel in these practices. However, the companies that are Ethnocentric or Region Centric may try to push their parent company polices and may violate the local laws.
13.
Employee who is employed by the headquarters but works in a non-headquartered country and is a citizen of a third country
Correct Answer
C. Third Country National
Explanation
third country nationals are those who freely move from one country to other and are employed by a company that does not have operations or headquarter in the employees parent company.
14.
Employee who is employed by the headquarters but works in a non-headquartered country.
Correct Answer
A. Expat / Expatriate
Explanation
A Parent company employee is sent on an international assignment to a different country. His/her employment is still with the parent company and is paid by the parent company.
15.
Employee who is employed by the headquarters but works in a non-headquartered country and is a citizen of that country where he works
Correct Answer
D. Local / national employee / host country Nationals
Explanation
Employees who citizens of the country where they work. The company they work may be a subsidiary or the head quartered in a foreign country.
16.
Employee who are brought into the headquarters to work a citizen of a non-headquartered national.
Correct Answer
A. Expat / Expatriate
Explanation
Strategic Management
17.
Process of sending headquarter employees abroad on a international assignment
Correct Answer
A. Expatriation
Explanation
Strategic Management
18.
Process of bringing a non-headquarter employees to work in the headquarter
Correct Answer
B. Inpatriation
Explanation
Strategic Management
19.
Process of bringing a head quartered employee back to head quarter from an international assignment
Correct Answer
C. Repatriation
Explanation
Strategic Management
20.
According to Pearl Mutter (1969) the staffing culture where in the head quarter has tight control
Correct Answer
A. Ethonocentric staffing
Explanation
Strategic Management
21.
According to Pearl Mutter (1969) the staffing culture where in the local facility manages and the head quarter has no control. Local business are treated as separate entity
Correct Answer
B. Polycentric staffing
Explanation
Strategic Management
22.
According to Pearl Mutter (1969) the staffing culture where in the staffing management is conducted at a region level. Staffing is freely transferable within the region.
Correct Answer
C. Regiocentric staffing
Explanation
Strategic Management
23.
According to Pearl Mutter (1969) the staffing culture where in the staffing management is conducted at a global level. Staffing is freely transferable anywhere in the world.
Correct Answer
D. Geocentric staffing
Explanation
Geocentric staffing is the correct answer because it aligns with the description provided by Pearl Mutter (1969) regarding staffing culture conducted at a global level, where staffing is freely transferable anywhere in the world. Geocentric staffing involves hiring the best individuals for the job regardless of their nationality or location, and it promotes a global perspective within the organization. This approach recognizes the importance of talent and skills, rather than focusing on nationality or region.
24.
What is the staffing culture if an engineer who is specialized in optical cable laying is transferred to a new location with in Asia.
Correct Answer
C. Regionocentric staffing
Explanation
Regionocentric staffing is the staffing culture where employees are selected and transferred based on their suitability for a specific region or geographic area. In this case, the engineer specialized in optical cable laying is being transferred to a new location within Asia, indicating that the company is adopting a regionocentric staffing approach. This means that the company values local knowledge and expertise in the region and believes that employees from that region will be better suited to handle the specific challenges and requirements of that location.