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Slav-nsk [51]
3 years ago
11

Discuss the role of reverse culture shock in the repatriation process. What can companies do to avoid this problem? What kinds o

f skills do managers learn from a foreign assignment, and how can the company benefit from them? What is the role of repatriation in the company’s global competitive situation?
Business
1 answer:
Artist 52 [7]3 years ago
5 0

Answer:

(a)

Companies can resort to the bellow measure to avoid reverse shock situation.

1 Mentoring Program: For the repatriate to manage the climatic and cultural differences between the two organisations.

2 Adjustment time: This should be given in sufficiency so as to adjust to the different culture.

3 Feed-back System: This must be proper and effective so as to get details about acculturation and enculturation process carried out by the repatriate.

(b)

The skills that the managers could gain from a foreign assignment are:

1. More ability to cope with wide range of people.

2. Learning adjustment in a different culture and climate.

3. Ambiguity tolerance increases

4. Empathy ability increases

5. Improvement in communication skills

Due to the acquisition of such skills by the employees and managers, an organisation is able to build a global management cadre for itself.

(c)

Repatriation is the process of bringing back an expatriate to the home country.

1. It helps the organisations to get a competitive edge globally.

2. After repatriation, a globally competitive team is developed.

3. Organisation could incorporate the various skills gained by a repatriate during the international assignment.

4. This process helps the company to retain employees.

Explanation:

Reverse culture shock is the situation experienced by the repatriates due to minor or major changes occurred in the organisational climate and culture during the time of their international assignment. Most of the repatriates feel this due to the differences in the culture between the home and the host country organisation.

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Based on information in the Washington Post article "The retirement costs that are rising faster than Social Security benefits",
insens350 [35]

Answer:

The retirement costs are rising faster than social security benefits .

Explanation:

The various costs related to retirement are:

  • The travelling costs can increase as the retired people tend to travel often in their idle time.
  • The costs related entertainments increase as they have time to engage in their hobbies
  • Socialization costs: Socialization ends with eating out alot and this affects the wallet
  • Health insurance premiums
  • Medical expenses are increasing at a tremendous rate
  • The cost of medicines
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5 0
3 years ago
Which of the following will NOT cause a shift in the demand curve for good X?
sammy [17]

Answer:

A. A change in the price of good X. 

Explanation:

A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.

If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.

If income increases, and good x is a normal good, the demand curve would shift to the right.

If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.

I hope my answer helps.

4 0
3 years ago
Which of the following is likely to increase a country's gross domestic product (GDP)?
antiseptic1488 [7]

Answer: In macroeconomics, gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a determined period, normally one year or quarterly.

GDP can be measured by adding up all the final demands for goods and services in a given period. In this case, the destination of the production is being quantified. There are four major areas of spending: household consumption (C), government consumption (G), investment in new capital (I) and the net results of foreign trade (exports-imports).

And it can also be measured by adding the income of all the factors that contribute to the production process, such as wages and salaries, commissions, rents, copyrights, fees, interests, profits, etc. The GDP is the result of the calculation by means of the payment to the factors of the production. All this, before deducting tax.

Thus the statements "b. An increase in Social Security expenses" as government expenses, "c. An increase in retirement and pension benefits to elderly citizens" as subsidies or transfers, and " d. An individual receiving an annual performance bonus of $5,000" as financial interest are likely to increase a country GDP.

3 0
3 years ago
Read 2 more answers
What is the South African government providing and to whom
daser333 [38]

As of May 2016, The Department of Human Settlements has delivered more than 4,3 million houses and subsidies since 1994,  benefiting more than 20 million South Africans.  The Medium Term Strategic Framework sets out their goal of providing over 1,5 million housing opportunities by 2019. They also want to make sure that poor South Africans have access to adequate housing and better living conditions.

6 0
4 years ago
The following events took place for Digital Vibe Manufacturing Company during March, the first month of its operations as a prod
AysviL [449]

Answer:

Explanation:

a. In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

Before preparing the income statement, first, we have to compute the net loss or net income which is shown below:

= Sales - cost of good sold - selling expenses - administrative expenses

= $875,000 - $525,000 - $125,000 - $80,000

= $145,000

b. The computation of the inventory balances are shown below:

Direct material = Purchased material - used material

                        = $168,500 - $149,250

                        = $19,250

Work in progress = Used material + direct labor wages + factory overhead - transferred units

= $149,250 + $360,000 + $120,000 - $600,000

= $29,250

Finished goods = Transferred units - cost of goods sold

                          = $600,000 - $525,000

                          = $75,000

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

6 0
3 years ago
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