The Concept of Globalisation and its Effect on International Businesses
20 pages
(5000 words)
, Download 2
aving established the key differences between domestic and international hrm, it is now important to understand in depth, the processes and practices that make up the HRM function, and how they are modified and applied internationally.... Staring off with the complex aspect of culture, the essay will then delve into further studies on globalisation and international business with the help of relevant literature and applicable real-time cases.
... Even though IHRM's operations are based on the same four parameters of domestic hrm mentioned above, it is much more complex as it deals with sensitive cross-cultural issues and calls for proper education of the local behaviour in terms of culture, values, business practices, and employment laws of the host country of a subsidiary of any multinational corporation (MNC) (Torbiorn, 1997)....