MGHB12H3 Chapter Notes - Chapter 15: Indirect Costs, Co-Determination, Global Health
Document Summary
Difference between international hrm and domestic hrm: greater emphasis on functions and activities to help employees. Adapt to new and different environments outside their own countries. Help local employees adapt and integrate into foreign companies. E(cid:454)a(cid:373)i(cid:374)e a (cid:272)ou(cid:374)tr(cid:455)"s la(cid:271)our la(cid:449)s, propert(cid:455) rights, a(cid:374)d pate(cid:374)ts. Companies have less incentive to locate factories or invest in countries experiencing strife. Intellectual property rights related to patents, trademarks, and etc. Trends around the market and trade cycles, specific industry changes, customer preferences, and country economic growth forecasts. Free trade agreements increase economic activity and power. Communications, religion, values and ideologies, education, social structure. Host country country in which an international corporation operates. Hr practices may be different even if similar in languages or culture links. Influences the threats and opportunities that foreign companies face. Maturity of manufacturing equipment, info systems, technology platforms, research funding, consumer access to technology.
