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Lecture Fundamentals of human resource management (5/e) - Chapter 15: Managing human resources globally
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Lecture Fundamentals of human resource management (5/e) - Chapter 15: Managing human resources globally
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After reading chapter 15, you should be able to: Summarize how the growth in international business activity affects human resource management, identify the factors that most strongly influence HRM in international markets, discuss how differences among countries affect HR planning at organizations with international operations,. | CHAPTER 15 MANAGING HUMAN RESOURCES GLOBALLY FUNDAMENTALS OF HUMAN RESOURCE MANAGEMENT 5TH EDITION BY R.A. NOE, J.R. HOLLENBECK, B. GERHART, AND P.M. WRIGHT Employees in an International Workforce Parent-country national – employee who was born and works in the country in which an organization’s headquarters is located. Host-country national – employee who is a citizen of the country (other than parent country) in which an organization operates a facility. Third-country national – employee who is a citizen of a country that is neither the parent country nor the host country of the employer. Employers in the Global Marketplace International organization –sets up one or a few facilities in one or a few foreign countries. Multinational company –builds facilities in a number of different countries in an effort to minimize production and distribution costs. Global organization –chooses to locate a facility based on the ability to effectively, efficiently, and flexibly produce a product or service using cultural differences as an advantage. Factors Affecting HRM in International Markets Culture Culture – a community’s set of shared assumptions about how the world works and what ideals are worth striving for. greatly affect a country’s laws. influences what people value, so it affects people’s economic systems and efforts to invest in education. determines effectiveness HRM practices. Hofstede’s Five Dimensions of Culture 1. Individualism/Collectivism Describes the strength of the relation between an individual and other individuals in the society. 2. Power Distance Concerns the way the culture deals with unequal distribution of power and defines the amount of inequality that is normal. 3. Uncertainty Avoidance Describes how cultures handle the fact that the future is unpredictable. 4. Masculinity/Femininity The emphasis a culture places on practices or qualities that have traditionally been considered masculine or feminine. 5. Long-term/Short-term . | CHAPTER 15 MANAGING HUMAN RESOURCES GLOBALLY FUNDAMENTALS OF HUMAN RESOURCE MANAGEMENT 5TH EDITION BY R.A. NOE, J.R. HOLLENBECK, B. GERHART, AND P.M. WRIGHT Employees in an International Workforce Parent-country national – employee who was born and works in the country in which an organization’s headquarters is located. Host-country national – employee who is a citizen of the country (other than parent country) in which an organization operates a facility. Third-country national – employee who is a citizen of a country that is neither the parent country nor the host country of the employer. Employers in the Global Marketplace International organization –sets up one or a few facilities in one or a few foreign countries. Multinational company –builds facilities in a number of different countries in an effort to minimize production and distribution costs. Global organization –chooses to locate a facility based on the ability to effectively, efficiently, and flexibly produce a .
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