Learning Objectives

16-1 Identify and discuss the reasons for increasing business globalization. PAGE 593

16-2 Discuss the stages of corporate globalization through which companies move from local to global operations. PAGE 596

16-3 Identify and discuss the five dimensions of Hofstede’s Model of Culture. PAGE 601

16-4 Briefly discuss the Big Five personality traits in relation to international assignments. PAGE 604

16-5 Briefly identify the advantages and disadvantages of parent-country, host-country, and third-country nationals for international assignments. PAGE 606

16-6 Explain the potential effects of culture shock on the expatriate employee. PAGE 609

16-7 Briefly define the options for compensation of expatriate workers. PAGE 612

16-8 Define the key terms found in the chapter margins and listed following the Chapter Summary. PAGE 618