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International Human Resource Analysis - Essay Example

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Summary
This project attempts to check the feasibility of opening a subsidiary company. The project has for its subject a European multinational company, which has never made such a venture before, thereby demanding a comprehensive study of all the factors that are likely to affect it…
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International Human Resource Analysis
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Download file to see previous pages One of the most important responsibilities of the managers in any organisation is to create an effective organisational structure. One of the unique characteristics of this organisation is that, every individual is perfectly informed of his responsibilities and duties and the various processes of interactions and communication is very well synchronised (Business Insight, n.d.).
Cognitive Capacity of the European Multinational Company
It is seen that as firms tend to expand their business internationally, managers face information processing demands. Multinational organisations are more equipped to identify and interpret critical information available all over the world. This is because operating in multiple shores has exposed them to a variety of foreign customer base, investors, and employee communities, cultural and sociological structures. Cultural heterogeneity is one area that this company has to take into consideration because it directly influences the company’s ability of processing information, identifying environmental changes and reacting accordingly.
Strategies of the European Multinational FMCG Company as a Multinational Enterprise
There are several advantages that this company enjoys by having subsidiary branches in different parts of the world. Firstly, this company can achieve economies of scale and scope in the foreign country. This European FMCG company manufactures products in the domestic market and exports the good through agents in the foreign market. ...Download file to see next pagesRead More
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