Selling abroad, either directly or indirectly, by retaining foreign agents and distributors.
What is Exporting?
100
Arrangement whereby an organization grants a foreign firm the right to use intellectual properties such as patents, copyrights, manufacturing processes, or trade names for a specific period of time.
What is Licensing?
100
Firm that is based in one country (the parent or home country) and produces goods or services in one or more foreign countries (host countries).
What is a MNC or Multinational Corporation?
100
Organization that has corporate units in a number of countries that are integrated to operate as one organization worldwide.
What is a Global Corporation (GC)?
200
Organization that moves work to the places with the talent to handle the job and the time to do it at the right cost.
What is a Transnational Corporation?
200
Employee who is not a citizen of the country in which a firm's operations are located, but is a citizen of the country in which the organization is headquartered.
What is an Expatriate or Expat?
200
Employee who is a citizen of the country where the subsidiary is located.
What is a Host-Country National (HCN)?
200
Citizen of one country, working in a second country, and employed by an organization headquartered in a third country.
What is a Third-Country National (TCN)?
200
Staffing approach in which companies primarily hire expats to staff higher-level foreign positions.
What is Ethnocentric Staffing?
300
Staffing approach in which host-country nationals are used throughout the organization, from top to bottom.
What is Polycentric Staffing?
300
Staffing approach that is similar to the polycentric staffing approach, but regional groups of subsidiaries reflecting the organization's strategy and structure work as a unit.
What is Regiocentric Staffing?
300
Staffing approach that uses a worldwide integrated business strategy.
What is Geocentric Staffing?
400
Policies that limit the number or value of goods that can be imported across national boundaries.
What are Quotas?
400
International act that prohibits the bribery of foreign officials.
What is the Foreign Corrupt Practices Act (FCPA)?
400
A requirement whereby firms have union or worker representation on the boards of directors in a country.
What is Co-Determination?
400
This famous entertainment company, headquartered in Montreal Canada and known for its perfomers who execute amazing acts of "flying gymnastics", has had to modify its common practice of kissing co-workers on the cheeks when performing in the US as the behavior is considered a form of sexual harassment.
Who is Cirque du Soleil?
500
A practice in some foreign countries where "cash under the table" is an accepted way to do business.
What is Bribery?
500
While global compensation practices emphasize social responsibility, age and company service, what do North
American compensation practices encourage?
What is merit, performance or exceeding expectations?
500
This factor, when not taken into consideration, can severely limit the effectiveness of US-based training programs implemented in global countries.
What is Culture?
500
American workers employed by American-controlled businesses operating overseas are still protected by these.
What are American employment laws?
500
Women currently make up what percent of expats today -- 10%, 20%, 25% or 35%?