Marie Boyd has been hired by Barnum Hotels to manage staffing for the regional hotel chain. Barnum intends to open two new hotels within the next three years and will have many job positions to fill.
Historically, employee turnover is high at Barnum as employees remain with the company for one or two years before quitting. Marie realizes that Barnum needs to make significant changes in its personnel strategy in order to meet the company's goals for the future and improve employee retention rates.
Which of the following, if true, most likely undermines Marie's decision to fill top positions with inside candidates?
A) Barnum needs to head in a different direction with innovative ideas if it is to remain competitive with other hotel chains.
B) Many current Barnum employees have indicated they are loyal to the firm by rejecting offers to work at competing hotels.
C) Training new employees about the practices and procedures at Barnum is costly in regards to both time and money.
D) The influence of local labor unions and EEO legislation is blamed for the high turnover rate among Barnum employees.
Question 2Which of the following most likely supports BBB legal experts fully investigating the intellectual property laws of each nation in which BBB has franchises?
A) Intellectual property laws and their enforcement vary from country to country.
B) Patents and trademarks granted in one country will transfer to another country.
C) TRIPS protects the intellectual property of firms doing business in any nation.
D) Nations with numerous IPR violators are beginning to comply with the WTO.
Question 3In a short essay, describe six unique qualities shared by all cross-border contractual relationships.
What will be an ideal response?
Question 4In a short essay, explain how licensing works as an entry strategy into foreign markets. Describe the risks, or disadvantages, faced by technological firms that enter licensing agreements in foreign countries.
What will be an ideal response?
Question 5The Bretton Woods Agreement most likely influenced the current trend towards international free trade when member countries agreed to ________.
A) no longer impose trading tariffs within economic blocs
B) provide low interest loans to poor countries
C) not impose restrictions on currency trading
D) implement a multilateral trade and investment system
Question 6Historically, companies have not been particularly concerned with the challenge of repatriation in managing their international human resources.
Indicate whether the statement is true or false
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