37:533:315 Study Guide - Comprehensive Final Exam Guide - International, Economy Of Japan, Mexico

• School: Rutgers University
• Department: Human Resource Management
• Course: 37:533:315
• Professor: H.El- Farr

Document Summary

Intro to sihrm: strategic management- the approaches that managers employ in running a company a(cid:374)d that are a(cid:272)hie(cid:448)ed fro(cid:373) he fir(cid:373)"s (cid:448)isio(cid:374) a(cid:374)d o(cid:271)je(cid:272)ti(cid:448)es. Hqs" i(cid:374)ter(cid:374)atio(cid:374)al orie(cid:374)tatio(cid:374) & mne trateg(cid:455: orientation of senior executives- the degree of dominance of hq over subsidiaries, types of orientations of senior executives, ethnocentrism- Ihrm strategy- the creation and implementation of ihr practices to help achieve an. Mne"s (cid:271)usi(cid:374)ess strateg(cid:455: strategy formation, centralized v. decentralized. Sihrm: glo(cid:271)al hr pra(cid:272)ti(cid:272)es asso(cid:272)iated (cid:449)ith later stages of a(cid:374) orga(cid:374)izatio(cid:374)"s life (cid:272)(cid:455)(cid:272)le, link between hq international focus and foreign subsidiaries hr practices, framework of ihrm in mne strategy, strategic mne components: Internal issues: structure of the organization, hq international orientation, competitive strategy, key mne objective- balancing diversity. Ihrm: issues- hr issues resulting from inter & intra units needs & challenges: function- resources, orientation, & location, policies/practices- development of general hr guidelines, mne concerns & goals, competitiveness, efficiency, local responsiveness, flexibility, learning & transfer.