The Challenges for Multinational Enterprises Are Great as They Grow

question 86

Multiple Choice

The challenges for multinational enterprises are great as they grow through the establishment of subsidiaries and divisions in other countries.This greatly impacts HRM and the factors they have to consider during this process are:

• A)outside and inside factors
• B)host country and home country differences
• C)external contextual factors
• D)internal contextual factors
• E)external and internal contextual factors

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Definitions:

Opinions

Opinions are personal beliefs or judgments that are not necessarily based on fact or knowledge.

Hindsight Bias

The tendency to believe, after an outcome is already known, that one would have foreseen it, often referred to as the "I-knew-it-all-along" effect.

"I Knew It All Along"

A cognitive bias, also known as hindsight bias, where people believe they accurately predicted an event or outcome that could not have been reasonably foreseen.

Confirmation Bias

The inclination to seek out, understand, prioritize, and remember information in a manner that validates one's already established beliefs or theories.