HRM200 Chapter Notes - Chapter 17: Capitalism, Economic System, Individualism

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM200
• Professor: Vince Di Ruzza

Document Summary

Immigrant: person residing in canada who was born outside of canada. Legally mandated holidays: cultural factors, differences in hr practices, understand differences in underlying cultural values, difference in power distance. Individualism vs collectivism: economic systems, free enterprise systems, productivity, efficient workers, staff cutting, socialist systems, prevent unemployment, legal system. Labour laws: employee termination, amount of notice with pay, health and safety laws. Family support: culture orientation, educational assistance, emergency provisions. Why expatriate assignments fail: expatriate assignment failure: early return of an expatriate from a global assignment, changing business conditions. Inability to cope with larger overseas responsibility: employer action, shortening assignment length, having family remain at home, short-term assignments. Frequent extended business trips: dual household arrangement. Focus on impact of cultural differences and raising trainee awareness of such differences. Focus on attitudes and aims at getting participants to understand how attitudes are formed and how they influence behaviour: provides factual knowledge about target country.