Laurent's Steps for a Truly International Conception of HRM Involve

question 18

Multiple Choice

Laurent's steps for a truly international conception of HRM involve each of the following EXCEPT:

• A) An MNE's explicit recognition that its HRM reflects some assumptions and values of its home culture.
• B) An MNE's explicit recognition that its ways are neither universally better or worse than others.
• C) A genuine believe that more effective ways of managing people can result from cross-cultural learning.
• D) An MNE should focus more on behaviors over states of mind and mindsets.

---

Definitions:

Nash Equilibria

A concept in game theory where no player can gain by unilaterally changing their strategy, indicating a balance where each player's strategy is optimal given the other players' strategies.

Maximin Strategy

A strategy in decision-making which aims to maximize the minimum gain that can be earned, focusing on the worst-case scenario.

Collusion

A secretive or illegal agreement between parties to limit competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law.

Winner's Curse

A situation in an auction where the winning bid exceeds the intrinsic value or true worth of an item.