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GLOBAL HUMAN RESOURCE MANAGEMENT QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS 2024
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GLOBAL HUMAN RESOURCE MANAGEMENT QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS 2024
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GLOBAL HUMAN RESOURCEMANAGEMENT QUESTIONS AND
ANSWERS WITH VERIFIED SOLUTIONS
2024
Human resource management (HRM) - ANSWER The activities an organization carries out to utilize its
human resources effectively
What Is Human
Resource Management? - ANSWER These activities include
---determining human resource strategy
---staffing
---performance evaluation
---management development
---compensation
---labor relations
Firms need to ensure there is a fit between their human resources practices and strategy
What Is The Strategic Role Of HRM In International Firms? - ANSWER HRM can help the firm reduce the
costs of value creation and add value by better serving customer needs
---more complex in an international business
, --------differences between countries in labor markets, culture, legal systems, economic systems, etc.
HRM must also determine when to use expatriate managers
-citizens of one country working abroad
----who should be sent on foreign assignments
----how they should be compensated
----how they should be trained
----how they should be reoriented when they return home
What Is A Staffing Policy? - ANSWER Staffing policy is concerned with the selection of employees who
have the skills required to perform a particular job
----can be a tool for developing an promoting the firm's corporate culture
--------the organization's norms and value system
----a strong corporate culture can help the firm implement its strategy
Three main approaches to staffing policy - ANSWER ethnocentric approach
polycentric approach
geocentric approach
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