The HRM Decision-Making Process Has Transnational Scope When It Considers

question 22

Multiple Choice

The HRM decision-making process has transnational scope when it considers the:

• A) demand for its products and services in the domestic company.
• B) need to uphold the cultural values of the home country.
• C) availability of technology to make its production more efficient.
• D) needs of all employees in all the countries where it operates.
• E) home office directives and procedures as being the best for all foreign offices.

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Definitions:

Fiscal Policy

Changes in government spending and tax collections designed to achieve full employment, price stability, and economic growth; also called discretionary fiscal policy.

Paradox Of Voting

A situation in democratic decision-making where rational individual choice can lead to an outcome that seems irrational or suboptimal for the group.

Principal-Agent Problem

A dilemma in economics where one party (the agent) is expected to act in the best interest of another party (the principal) but may have a conflict of interest.

Paired-Choice Votes

Paired-choice votes involve voters making choices between pairs of candidates or options rather than voting for a single option amongst many.