ADMS 2600 Lecture Notes - Independent Business, Social Stratification, Work Ethic

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Domestic firm that uses its existing capabilities to move into overseas markets. Firm with independent business units operating in multiple countries. Firm that has integrated worldwide operations through a centralized home office. Firm that attempts to balance local responsiveness and global scale via a network of specialized operating units. 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. Closely partnered nations such as the european union (eu) have developed into strong competitors. The communication patterns, religion, values and ideologies, education, and social structure of a host country influence how hr is conducted in that country. Issues in international hrm in helping employees adapt to a new and different environment outside their own country: Employees from the home country who are on international assignment.

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