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MEBA 420 Modules 9-11 Flashcards | StudBud
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MEBA 420 Modules 9-11
MEBA 420 Modules 9-11
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1
Certification is a mark that company’s products and services have met international standards•
ISO 9000
Gold Standard
GAAP
Sangweism
2
The most common reasons why new employees do not work out have to do with...
Immediate supervisor
Educational background
Cultural fit
Training and development
3
This helps managers align all human resource activities with company’s strategic goals
Compliance
Outsourcing
Balanced Scorecard
Benchmarking
4
Which source of expansion gives you maximum control of operations in another country?
Strategic Alliance
Exporting
Foreign Direct Investment
Licensing
5
Determining what will be your speed and sequence of moves is which element of Porter's Strategy Diamond?
Arenas
Vehicles
Staging
Differentiators
6
The decision to develop human resources within the company or hire people with the necessary skills is called...
War on talent
Make or buy decisions
Training and development
Strategic human resources
7
The “face” of company in a foreign country that sells products, provides customer service, and receives payments
Foreign Direct Investment
Expatriate
Export Management Company
Michael Porter
8
Deciding how a company will compete within a certain industry is called...
Anderson strategy
Corporate strategy
Business strategy
Strategic Human Resources
9
This includes all monetary and non-monetary rewards a company provides
Bonuses
Stock options
Pay
Compensation
10
Contract between exporter and carrier authorizing transport - proof shipment was made and goods received
Export declaration
Customs invoice
Bill of lading
Certificate of origin
11
Business Level strategy is often determined by...
Cost leadership and differentiation
Multidomestic or global strategy
Spencer and Wagamanism
Vertical or horizontal integration
12
When seller receives cash contingent on the seller buying local products or services in the amount of the cash
Protectionism
Mercantilism
Barter
Counterpurchase
13
What is the biggest advantange to partnering with a local company in international business?
Key stakeholder trust
Convenenience
Cheaper resources
Lower costs
14
This helps managers align all human resource activities with company’s strategic goals
Outsourcing
Balanced Scorecard
Compliance
Benchmarking
15
Which source of expansion is the easiest and least expensive?
Licensing
Exporting
Strategic Alliance
Foreign Direct Investment
16
Provides contact info for both exporter & importer along with description of items being shipped
Bill of lading
Export declaration
Customs invoice
Certificate of origin
17
Determining where you will be active is which element of Porter's Strategy Diamond?
Arenas
Economic logic
Differentiators
Vehicles
18
What is one of the first steps in the international strategy process?
eSports
Decision making
Exporting
SWOT analysis
19
The focus on what business a company should be in is called...
Slayton Strategy
Corporate strategy
Strategic Human Resources
Business Strategy
20
Which of the following is NOT measure of a balanced HR Scorecard?
Work force mindset and culture
Work force availability
Work force behavior
WOrk force competencies
21
What has been the biggest hindrance to organized labor on a global level?
Legal and cultural differences
Multinational companies
DIfferent monetary systems
Flatteners
22
Person living outside of their home country for work
Temp worker
Immigrant
Expatriate
New hire
23
Which of these is NOT one of the elements of Porter's Strategy Diamond?
Flatteners
Differentiators
Arenas
Vehicles
24
When companies that trade goods and services for other goods and services
Countertrade
Mercantilism
Holderism
Absolute advantage
25
Which of the following is safe to inquire about in a job interview IF related to the job?
Health
Age
Marital status
Religion
26
Buying raw materials, components, or services from companies outside home country
Mercantilism
Flatteners
Geislerism
Global sourcing
27
Which of the following is NOT a key area of strategic human resources
Diversity management
Selection & placement
Budgeting and Finance
Compensation and Rewards
28
Determining how you will win in the marketplace is which element of Porter's Strategy Diamond?
Arenas
Differentiators
Economic logic
Vehicles
29
When a company delegates an entire process to an outsource vendor to controls operations as it sees fit
Partnering
Licensing
Outsourcing
Exporting
30
Process where a company ensures employees have been recruited and developed to fill key roles in company
Succession planning
Training
War on talent
Development
31
Which of the following is NOT a risk of exporting?
Higher up-front costs than contractual forms of entry
•Someone might start making product locally and take market from you
Local buyers may prefer to buy imports
Distributor switches to cheaper supplier to get a better price
32
Strategic human resource management is needed MOST in US because we are...
A country of many comparative advantages
A superpower of military strength
Better than other nations
A knowledge economy
33
Multidomestic and global strategy struggles with the tradeoffs of...
Vertical or horizontal integration
Smeltz and Holderism
Local responsiveness and globla efficiency
Cost leadership and differentiation