Scenario 3.1 Mini-PC Is a Houston-Based Manufacturer of Handheld Computers.In Response to Response

question 36

Multiple Choice

Scenario 3.1
Mini-PC is a Houston-based manufacturer of handheld computers.In response to high European demand, Mini-PC purchased Marstrand Electronics, a handheld computer manufacturer in Stockholm, Sweden.Mini-PC allowed the management of Marstrand to continue its functions rather than sending U.S.managers to oversee Swedish operations.Mini-PC decided to purchase Marstrand because virtually all Swedes speak English, value women's rights, and are predominantly Christian in religious beliefs.The Swedish workforce is about 80 percent unionized, in comparison to Mini-PC's nonunionized workforce.Sweden has a socialist approach to health benefits, which means higher personal taxes for workers but lower health benefits costs for employers.When comparing average national scores on Hofstede's dimensions of culture, the United States and Sweden are about the same in power distance and long-term orientation, but the United States scores higher than Sweden in individualism and uncertainty avoidance.
-Refer to Scenario 3.1.Which of the following domestic human resource issues is likely to be the most challenging due to cultural differences between the host country and the parent country?

• A) Local compensation issues
• B) Local selection issues
• C) Local training issues
• D) Local recruiting issues
• E) Local development issues

Understand the role and implication of opportunity cost in making economic choices.

Recognize the importance of making choices due to scarce resources and its impact on opportunity cost.

Understand the concept and significance of physical capital in production processes.

Explain the universal problem of scarcity across different societies.

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Definitions:

Interviewing Candidates

The process of assessing potential employees by asking questions and evaluating their responses to determine if they are a suitable fit for a position or organization.

Social Capital

The mesh of relations among residents and workers in a distinct society, essential for the society's proficient performance.

Fundraising Skills

Abilities or techniques used to gather financial support for a project or venture from various sources, including investors, grants, and donations.

Founding Team

The group of individuals who start a company, usually responsible for its early development and growth.