BA 3340 Lecture Notes - Lecture 5: Organizational Culture, Tax Treaty, Performance Appraisal
Document Summary
The activities an organization carries out to utilize its human resources effectively. Hrm can help the firm reduce the costs of value creation and add value by better serving customer needs. More complex in an international business: differences between countries in labor markets, culture, legal systems, economic systems, etc. Hrm must also determine when to use expatriate managers. Who should be sent on foreign assignments. How they should be reoriented when they return home. Is concerned with the selection of employees who have the skills required to perform a particular job. Can be a tool for developing and promoting the firm"s corporate culture: the organization"s norms and value system. A strong corporate culture can help the firm implement its strategy. There is a lack of qualified individuals in the host country to fill senior management positions. It is the best way to maintain a unified corporate culture.