chapter 10 Flashcards
HR in global environment
-Globalization can provide new markets with millions (or billions) of new customers
-Set up operations globally because of lower labour costs
-Advances in telecommunications and information technology
home country
Country in which an organiza-tion’s headquarters are located
host country
Country in which an organization operates a facility
third country
Country that is neither the home country or the host country of an employer
expatriates
employees assigned to work in another country.
levels of global participation
-Domestic
-international
-multinational
-global
home country: corporate headquarters
host country: foreign subsidiary
factors affecting HRM
-culture
-education and skill levels
-economic system
-political-legal system
culture
A community’s set of shared assumptions about how the world works and what ideals are worth striving for.
-Greatly affects country’s laws.
-Cultural influences may be expressed through customs, languages, religions, and so on.
-Influences what people value
-Hofstede’s 6 dimensions
education and skill levels
Labor markets in many countries are very attractive because they offer high skill levels and low wages.
Educational opportunities vary per country.
Education and skill levels of country’s labor force affect how and the extent to which companies operate there.
economic system
-Closely tied to the culture of the country.
-Labor costs relatively high in developed, wealthy countries.
political-legal system
Country’s government and laws impact HRM.
Dictates requirements for certain practices:
-Training, compensation, hiring, firing, and layoffs.
Organizations must gain expertise in host country’s legal requirements and ways of dealing with legal system.
workforce planning
Decisions about the level of participation in a global economy
Decisions about where and how many employees are needed
emotional stages associated with foreign assignment
-honeymoon
-culture shock
-recovery
-adjustment
training and developing global workforce
-special challenges
-training programs for international workforce
-cross-cultural preparation
differences across national boundaries
Which behaviours are rated
How performance is measured
Who performs the rating
Type and how feedback is provided