Class Notes (838,272)
Canada (510,817)
York University (35,470)
HRM 2600 (105)
Ron Ophir (13)
Lecture

ADMS 2600 - 14.docx

6 Pages
232 Views
Unlock Document

Department
Human Resources Management
Course
HRM 2600
Professor
Ron Ophir
Semester
Winter

Description
Chapter 15 – International Human Resources Increasing Importance of Global Human Resource Understanding Foreign human resources Global competition Market Access Opportunities International Mergers and Acquisitions Managing Across Borders International Corporation - Domestic firm that uses its existing capabilities to move into overseas markets Multinational Corporations - Firm with independent business units operating in multiple countries Global Corporations - Firm that has integrated worldwide operations through a centralized home office Transnational Corporation - Firm that attempts to balance local responsiveness and global scale via a network of specialized operating units Types of Organizations How International Companies Affect the World Economy - Their production and distribution extend beyond national boundaries, making it easier to transfer technology. - They have direct investments in many countries, affecting the balance of payments. - They have a political impact that leads to cooperation among countries and to the breaking down of barriers of nationalism. How Does the Global Environment Influence Management? Unified Economies - Closely partnered nations such as the European Union (EU) have developed into strong competitors. - Promotes job growth in trading nations. Cultural Environment - The communication patterns, religion, values and ideologies, education, and social structure of a host country influence how HR is conducted in that country Cultural Environmental Of International Business Education/Human Capital - Primary/secondary - Vocational - Professional - Literacy Social Structure - Kinship/family - Mobility - Nationalism - Urbanization - Social stratification - Paternalism/materialism Communication - Languages - Dialects - Nonverbal - Media - Technology Religious Beliefs - Denominations - Totems/taboos - Rituals - Holy days Values/Ideologies - Work ethic - Time orientation - Individualism/collectivism - Risk propensity - Achievement Domestic versus International HRM - Issues in international HRM in helping employees adapt to a new and different environment outside their own country: - relocation - orientation - objective - translation services International Staffing Expatriates or Home-Country nationals - Employees from the home country who are on international assignment Host-country Nationals - Employees who are natives of the host country Third-country nationals - Employees who are natives of a country other than the home country or the host country Advantages of Host country Nationals - Hiring local citizens is generally less costly than relocating expatriates. - Since local governments usually want good jobs for their citizens, foreign employers may be required to hire locally. - Most customers want to do business with companies they perceive to be local versus foreign. Advantages of Expatriates - Talent available within the company - Greater control over managers - Company experience - Mobility
More Less

Related notes for HRM 2600

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit