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HRM Test 1 - Sol.: O.A ) September 22, 2017
HRM Test 1 - Sol.: O.A ) September 22, 2017
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O.A =) September 22, 2017
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O.A =) September 22, 2017
Globalization
The trend toward opening up foreign markets to international trade and investment.
Impact of Globalization
▪ Partnerships with foreign firms
▪ “Anything, anywhere, anytime” markets
▪ Lower trade and tariff barriers
Impact on HRM
Different geographies, cultures, laws, and business practices
➢ Issues:
Identifying capable expatriate managers.
Developing foreign culture and work practice training programs.
Adjusting compensation plans for overseas work.
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O.A =) September 22, 2017