MULTIPLE CHOICE QUESTIOS - Human Resource Management

QUESTION 1

1. Comparing the US and German business systems...

		The German vocational education and training system has proven to be a best practice
		The dominance of shareholders is the reason why the US business system shows the best economic performance
		The dominance of shareholders in the US business systems is the key reason for the short-term perspective of managers is US companies
		The success of German MNCs means that they can easily transfer their HR practices to their subsidiaries abroad

QUESTION 2

1. Coordinated market economies

		Are characterised by a greater degree of cooperation between firms than in liberal market economies
		Are usually authoritarian countries
		Include the USA and Australia
		Place less reliance on the market in workforce training

QUESTION 3

1. International framework agreements (IFAs) focus on

		Core labour standards as set out by the International Labour Organisation (ILO)
		A wide range of corporate social responsibility issues within MNCs
		Can go beyond core labour standards and reference other norms of the International Labour Organisation (ILO)
		Compliance with legal minimum standards in all host-country operations of an MNC

QUESTION 4

1. The transfer of HR practices from a home- to a host-country

		Is easiest in the area of working time
		Most widespread when it comes to performance management
		Depends on the cultural norms in the host country
		Will most likely be adapted to suit local institutions and practices

QUESTION 5

1. Describing the International Labour Organisation (ILO) as a tripartite organisation

		Means that its Directorate is formed by representatives from three continents
		Is not relevant anymore in its contemporary structure
		Emphasises how it is supposed to cooperate with other UN agencies such as the International Monetary Fund (IMF) and the World Health Organisation (WHO)
		Refers to its key social partners (governments, employers, trade unions)

QUESTION 6

1. Which of the following are examples of foreign direct investment'?

		A company in the USA buying shares in a company based in Ghana
		UK government financial support for industrial training in other countries
		A company gaining control of another company based in another country
		An investment fund buying a minority share interest in a foreign company

QUESTION 7

1. IHRM practices are sector-specific because

		Some sectors trade more in the global economy than others
		Sectors draw on material, technological and human resources in different ways
		There are sectors in which exports are negligible
		Skills, training, recruitment practices depend on the key resources within an industry (e.g. technology, brand, )

QUESTION 8

1. Which of the following are considered institutions within the varieties of capitalism approach?

		Mentoring and coaching
		Education, training and skills system
		Industrial relations
		Payroll system

QUESTION 9

1. Which of the following may have implications for International HRM?

		The increased popularity of remote working
		The invasion of Ukraine
		Changing tariffs on international trade
		The internationalisation of trade unions

QUESTION 10

1. Which of the following are functions of international HRM?

		Global brand management
		Recruitment and selection
		Performance management
		Public relations