Cause-And-Effect Models

question 17

Multiple Choice

Cause-and-effect models:

• A) are useful for explaining irrelevant external errors
• B) cannot be relied on in stable competitive environments
• C) are archaic forms of management tools
• D) show links between specific HR practices and organizational performance metrics
• E) none of the above

Explain expatriate compensation practices in international businesses.

Describe strategies for competing in the international environment.

Identify challenges faced by human resource managers in implementing international strategies.

Discuss local training issues encountered by multinational companies in employing host-country nationals.

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Definitions:

Firm

A business organization, such as a corporation, partnership, or sole proprietorship, engaged in professional, commercial, or industrial activities.

Labor Hours

Labor hours refer to the total number of hours worked by employees within a specified period, often used to measure productivity and labor costs.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.

Price Ceilings

a government-imposed limit on how high a price can be charged for a product, service, or commodity.