Differences Between Domestic and International HRM Include

question 33

Multiple Choice

Differences between domestic and international HRM include:

• A) The cultural environment,the extent of reliance of the multinational on its home country or domestic market and the attitudes of senior management
• B) The industry,the technology employed and communication capabilities
• C) The cultural environment,the industry and the technology employed
• D) The cultural environment,the attitudes of senior management and the organizations authority structure

Differentiate between monetary and non-monetary benefits of training programs.

Comprehend different methods for categorizing costs and calculating the utility of training programs.

Understand strategies for enhancing the credibility of training program data.

Identify steps necessary to convert training benefits into monetary values for ROI calculation.

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Definitions:

Equity Returns

The profits earned on investments in equity or stocks, often measured as the increase in value plus dividends received relative to the investment's original cost.

Debt Returns

The earnings generated from investments in debt instruments, such as bonds, through interest payments or capital gains.

Inflation Rate

The speed at which overall prices for goods and services increase, leading to a decrease in buying power.

High Net Worth

A term used to describe individuals whose total value of financial assets, excluding their primary residence, is significantly higher than the average, often implying greater financial security and investment capacity.