Examlex
Explain the three ways Hugo Munsterberg believed psychologists could contribute to industry.
Global Competence
The ability to interact effectively with people from different cultural backgrounds, understanding global issues and possessing skills for functioning in multicultural environments.
Adaptive IHRM
The process of international human resource management practices being adjusted and tailored to fit the cultural and regulatory environments of different countries.
Internal Fit
Involves ensuring that HR strategies, policies, and practices are coherent and aligned with the overall organizational strategy.
Multidomestic Strategy
A market strategy where a company tailors its products or services to each local market, emphasizing responsiveness to local preferences and needs.
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