Read and understand the statements. If the statement is correct then choose TRUE and if the statement is incorrect then choose FALSE. * True False The success of global business depends only on the domestic environment Elimination of barriers to trade and information technology are key aspects of globalization People who move across cultures experience culture shock

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Read and understand the statements. If the statement is correct then
choose TRUE and if the statement is incorrect then choose FALSE. *
True
False
The success of global
business depends only on
the domestic environment
Elimination of barriers to
trade and information
technology are key aspects
of globalization
People who move across
cultures experience culture
shock
Awareness of cultural
differences is only important
for expatriate employees as
well as those at the host
location and not essential for
the HR manager at corporate
headquarters
Consistency in the ways of
managing people on a
worldwide basis in order to
build, maintain and develop
corporate identity is needed
by multinational
organizations
When a foreign subsidiary
matures, local human
resource planning and
staffing changes
financial, marketing and
human criteria in making
decisions is important for
multinational ventures
An expatriate is an employee
transferred out of their home
base to the firm's
international operation
Awareness of cultural
differences helps worker's
family adjust and enjoy the
international assignment and
likelihood that the employee
will stay in the assignment
for the duration is enhanced
Offshoring involves a
company subcontracting a
certain production function
to a third party
Transcribed Image Text:Read and understand the statements. If the statement is correct then choose TRUE and if the statement is incorrect then choose FALSE. * True False The success of global business depends only on the domestic environment Elimination of barriers to trade and information technology are key aspects of globalization People who move across cultures experience culture shock Awareness of cultural differences is only important for expatriate employees as well as those at the host location and not essential for the HR manager at corporate headquarters Consistency in the ways of managing people on a worldwide basis in order to build, maintain and develop corporate identity is needed by multinational organizations When a foreign subsidiary matures, local human resource planning and staffing changes financial, marketing and human criteria in making decisions is important for multinational ventures An expatriate is an employee transferred out of their home base to the firm's international operation Awareness of cultural differences helps worker's family adjust and enjoy the international assignment and likelihood that the employee will stay in the assignment for the duration is enhanced Offshoring involves a company subcontracting a certain production function to a third party
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