Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter28: The Balanced Scorecard And Corporate Social Responsibility
Section: Chapter Questions
Problem 1PB: Instructions 1.Based on the balanced scorecard and the following descriptions of the predicted...
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1. All of the following are practices derived from McKinsey & Company’s study to identify a possible link between a company’s financial performance and its success in globally managing talent except:

a. Hiring the staff from the home country

b. Developing and managing global leaders

c. Achieving cultural diversity in a global setting

d. Creating globally consistent talent-evaluation processes

 

1. Which of the following statement(s) is/are CORRECT?

i. Culturally diverse firms are more likely to experience better financial performance.

ii. Human Resource Management (HRM) help companies achieve their goals

iii. Multinational Enterprises (MNE’s) prefer labour markets with heightened industrial actions

iv. Successful organizations engage in selective hiring

a. I and III only

b. IV only

c. I, III and IV only

d. I, II and IV only

 

 

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