Neil Grahams Is a Strategic HR Advisor in an American

question 2

Multiple Choice

Neil Grahams is a strategic HR advisor in an American MNC.He believes that in today's globalized economy, both the knowledge and management resources as well as the skilled and unskilled employee resources, central to the success of an organization, are dispersed around the world.According to him, an organization can significantly improve global competitiveness by maximizing its global human resources in the long run.With which of the following is Neil most likely to agree?

• A)that maximizing long-term retention adversely affects the ability of an organization to maximize its global human resources in the long run
• B)that IHR managers must develop effective global management teams to improve global competitiveness
• C)that women have little or no role to play in international management
• D)that the use of international cadre through career management is unlikely to improve global competitiveness

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Definitions:

Equity Method

This accounting approach is used to assess the contribution of investments in other entities to the investor's financial health, altering the investment's value on the balance sheet based on the investor's share of the entities' net assets.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders but retained by the company for reinvestment in its operations or to pay debt.

FIFO System

First-In, First-Out, an inventory valuation method where goods first added to inventory are the first ones to be sold.

Impairment

Impairment occurs when the carrying amount of an asset exceeds its recoverable amount, leading to a reduction in the asset's value on the balance sheet.