Governance
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Instructions: Choose an answer for each question and then click on the "Get Results" button at the end of the quiz.
1. The expansion of trade and economic development that results from the movement of products, services, technology, capital and human resources throughout the world is best described by which of the following terms? A. Globalization B. Capitalism C. Protectionism D. Internationalism
2. Which of the following best describes a company with its first overseas operation(s) in place? A. Export company B. International division C. Multinational company D. Global company
3. Which of the following is most accurate regarding the European Works Council Directive? A. It applies to all members of the European Union B. It is intended to remove trade barriers and allow the free movement of goods, services and capital throughout the European Union C. It is intended to improve employees’ rights to information and consultation in community-scale undertakings
4. Which of the following is true about individual employment contracts? A. They do not represent a binding agreement between the employee and the company B. They do not address roles and responsibilities C. They document terms and conditions outside statutory and company practices
5. Which of the following is most accurate regarding the delivery of compensation on a global scale? A. The organization’s compensation strategy should align with its business and HR strategies. B. Benchmarking does not play a major role in determining appropriate pay levels outside of the home country. C. The balance of pay elements (base pay and variable pay) should be relatively equal for each area of operation.
6. In which situation is automatic pay progression most common? A. When inflation is low B. When strong union influence exists C. When tax laws favor deferred pay D. When more high salary positions exist
7. Which of the following should be included in a global benefits policy statement? A. Retirement benefits specifics by region B. The annual benefits budget C. The range of benefits provided
8. Which benefits program promotes health risk assessment and behavioral change in order to achieve optimal health? A. PPO plan B. Dental plans C. Health and wellness programs
9. What must be considered when providing recognition to global employees? A. Cultural differences can negate the effectiveness of these programs in some regions. B. To be effective, recognition must be in the form of a monetary incentive. C. Recognition programs are often very costly to an organization.
10. As employees in developing countries reach salary levels that meet their basic needs, employers may generate a greater return on expense by focusing on which reward components? A. Additional compensation B. Health care benefits C. Work-life and development and career opportunities
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