Ch.20 Keyterms PDF

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Ch a p t e rNi n e t e e n : Ke yT e r ms . Balance sheet approach- Compensation plan that sets expatriate salaries to equalize purchasing power across countries.

Commuter assignment- One where the expatriate travels between his home and host country at frequent intervals.

Culture shock- A generalized trauma one experiences in a new and different culture because of having to learn and cope with a vast array of new cues and expectations.

Ethnocentric framework- A staffing approach in which all key management positions, whether in the home country or abroad, are filled by home country nationals.

Expatriate failure- The premature return of an expatriate manager to the home country.

Expatriates- Noncitizens of the country in which they are working. Expatriate selection- The process of screening executives to find those with the greatest inclination and highest potential for a foreign assignment.

Geocentric framework- Staffing perspective that seeks the best people for key jobs throughout the organization, regardless of nationality.

Home-country nationals- Expatriate employees who are citizens of the country in which the company is headquartered.

Human resource management (HRM)- The staffing function of the organization; includes the activities of human resources planning, recruitment, selection, performance appraisal, compensation, retention, and labor relations.

Localization- Process whereby an expatriate retains a foreign assignment provided she accept the status, and corresponding compensation, of a local hire.

Polycentric framework- A staffing policy whereby a company relies on host country nationals to manage operations in their own country, while parent-country nationals staff corporate headquarters.

Repatriation- An expatriate's return to his or her home country.

Reshoring- A situation in which a firm brings operations back to its home country from abroad.

Reverse-expat- A local manager who directs a Western-based company's emerging-market business and is rotated through some of the company's established operations outside of that market before returning home.

Staffing framework- A systems view that articulates the internal structures and mechanisms of human resource management.

Third-country nationals- Expatriates who are neither citizens of the country in which they are working nor citizens of the country where the company is headquartered. Print...