Culture is considered important in HRM in global markets because Multiple Choice it determines the level of taxes assessed on compensation packages. it determines the effectiveness of various HRM practices only countries that rank femininity highly are good investment opportunities, environmental issues impact production countries with high human capital are attractive to investors. Which of the following programs are legally required? Multiple Choice disability Insurance social security contributions O medical insurance O private retirement plans estate insurance The first step in the basic process of HR strategy is to determine the trends or events that might impact the organization. We call this Multiple Choice identifying strategic business issues communicating the HR strategy scanning the external environment Identifying people issues developing the HR strategy