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21 Cards in this Set
- Front
- Back
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business ecosystem |
a series of tight-knit intercompany relationships, allowing a business to attain a competitive advantage |
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International Human Resource Management |
worldwide management of talent from a staffing perspective |
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Parent Country National (PCN) |
Citizen of the country where the headquarters is located |
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Third Country National (HCN) |
Citizen of a country other than the parent country or host country |
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Multinational Enterprise (MNE) |
An organization that has operations and subsidiaries around the globe |
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Power Distance |
Degree to which people are separated by power and authority |
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In-group Collectivism |
Degree to which a society feels loyal toward their family or other collective |
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Performance Orientation |
Extent to which society recognizes and rewards performance |
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Humane Orientation |
Degree to which societies focus on altruistic behaviour and generosity. |
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Institutional Collectivism |
Degree to which institutions want individuals to integrate into the larger structure , even at the cost of individual freedom |
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Future Orientation |
The degree to which people are willing to delay rewards |
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Corporate Social Responsibility |
A company's sense of responsibility towards the community and environment in which it operates. |
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Ethnocentrism |
A view in which managers use a home country standards as reference for managing activities |
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Polycentrism |
firms staffed by host country managers, typically decentralized and autonomous operations |
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Geocentrism |
focuses in creating a global network and following startegy that integrates and is dependent on global firms strengths |
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Regiocentrism |
focuses on regions in which organizations operate |
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Global HR planning |
estimates employment needs and develops plans for meeting those needs from the available global labour force |
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flexpatriate |
a person who is on a short-term assignment and engages in frequent travelling w/o relocation |
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expatriate |
someone who is sent on an assignment outside of the country for a period of time |
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inpatriate |
TCN or HCN that relocates to parent company location |
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Four Stages of Corporate Evolution |
Domestic Firm International Multinational Global and Transnational |
