How does an MNC pursuing differentiation business strategy ensure that its HRM compensation and benefits policies are consistent?
What will be an ideal response?
By offering unique products and/or services that create opportunities in countries by making certain that the MNCs’ IHRM policies, programs, and practices are consistent with product attributes and brand names as well as the needs of local consumers. For example, an MNC that values new and innovative product development might create novel total reward systems that effectively motivate employees by recognizing and rewarding those who share ideas for how to develop new products.
You might also like to view...
A deficiency in design of internal controls exists when an existing control is not properly designed so that, even if the control operates as designed, the control objective would not be met
a. True b. False Indicate whether the statement is true or false
What is the last account that should be listed in the Post Closing Trial Balance?
A) Income Summary B) Capital account C) Cash D) Fees Earned
What led to the creation of the Chancery Courts?
A) the insistence for a court system that emphasized legal procedure rather than the merits of a case B) the law courts' inability to hear all the cases presented to them C) the increase in overseas trade and proliferation of piracy D) the unfair results and limited remedies provided by the law courts
Which of the following statements is true about termination by agreement?
A) A principal should give constructive notice to all third parties who dealt with an agent. B) When an agency relationship is terminated by an agent, the agent must give actual notice to all third parties who dealt with the agent. C) When an agency relationship is terminated by a lapse of time, there is no requirement to give notification to third parties. D) Constructive notice may be given to others through advertisement in newspapers published in areas where an agent operated on behalf of a principal.