There is evidence to indicate that cross-cultural training is vital in order for expatriates to perform effectively. There is also evidence that some MNCs are reluctant to offer cross-cultural training. What are some of the arguments used to support this reluctance?
What will be an ideal response?
First, cross-cultural training may involve formal education programmes which usually involve elements of both in-house and off-site seminars and lectures. In recent years, some of these formal education programmes have also involved the use of distance-learning teaching material. Second, cross-cultural training may involve bespoke or tailored programmes that are designed to meet the specific needs of individual assignees. These bespoke programmes may involve one-to-one coaching and mentoring. Third, cross-cultural training may involve an ‘immersion’ element, that is, an element which is designed to immerse the participants in the relevant national cultures. Immersion programmes often include international visits which are intended to expose the participants to various aspects of the host country.
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Answer the questions below. a.Suppose the Federal Reserve raises the federal funds rate in the United States but people believe that the inflation rate will rise by more than the Fed raised the federal funds rate. What do you expect to happen to the exchange rate? Explain why. b.As the exchange rate changes in the direction you determined in part a, what happens to the prices of imports and exports in the United States and in other countries? Explain. c.What happens to net exports in the United States and in other countries that trade with the United States in the short run? In the long run? Explain.
What will be an ideal response?
The market structure method of competition identification is useful for finding direct
competitors. Indicate whether the statement is true or false
Constructive criticism about your job performance
a. is hurtful. b. should be viewed as negative. c. is a necessary step on the road to self-improvement. d. none of these choices.
Fran wants to hire a diverse group of capable people to work at her fitness studios. Unfortunately, when she administers cognitive ability tests, many people from the groups she wants to include do not score well. What should Fran do to meet her goals?
A. deemphasize the cognitive ability tests and train workers in the cognitive skills required by the job B. ignore the test results because they are biased and under predict job performance for disadvantaged groups C. make sure to scrap the battery of tests and only use one general cognitive ability test D. hold off opening her studios until she finds enough people from these groups who do score well E. allow people in these groups to cheat so they can earn the scores she is looking for