Reaction paper june 25,2021 brent bucad ,angelito bustria, mark conda

Global production

Outsourcing

International human resource management

Global Production Networks (GPN) is a concept in developmental literature which refers to "the
nexus of interconnected functions, operations and transactions through which a specific product or
service is produced, distributed and consumed. The manufacturing industry is deploying global
production throughout the world especially in the case of Japanese automobiles. This includes the
notions of uniform quality worldwide and production at optimum locations. Global production
systems have provided the basis for a rapid expansion of employment in export production over
recent decades. This allows producers to access higher value activities either in terms of the
production of goods and the processes they are involved in. Globalization leads to increased
competition. This competition can be related to product and service cost and price, target market,
technological adaptation, quick response, quick production by companies etc. When a company
produces with less cost and sells cheaper, it is able to increase its market share. Globalization
allows companies to find lower-cost ways to produce their products. It also increases global
competition, which drives prices down and creates a larger variety of choices for consumers.
Lowered costs help people in both developing and already-developed countries live better on less
money.

The point at which economies of scale are exhausted and the unit price cannot be pushed any lower.
This is when a firm’s minimum efficient scale (MES) is the lowest scale necessary for it to achieve
the economies of scale required to operate efficiently and competitively in its industry. No further
significant economies of scale can be achieved beyond this cale. Minimum efficient scale affect the
number of firms that can operate in a market, and the structure of markets.Over the course of the
past couple of decades, outsourcing has become one of the most hotly debated topics in American
politics. Nobody likes to see jobs go overseas, and lawmakers love to use a firm stance against the
threat of outsourcing as a rallying point for their wider business agendas.But in the realm of small
business, outsourcing doesn’t necessarily mean taking work overseas. When small business owners
talk about outsourcing, they’re usually thinking of farming out content work to freelance writers,
hiring an accountancy firm to take on the book keeping or relying on an employment agency to track
down and deploy hired help.In the right context and deployed shrewdly, outsourcing can be a
fantastic way for small business owners to improve efficiencies and bolster their company’s bottom
line. But that doesn’t mean the practice isn’t without its own disadvantages, too. Outsourcing isn’t
right for every situation, and so you’ve got to think long and hard before investing time and energy in
farming out work.

The international human resource management the global human resources management and many
companies are trying to bridge the between cultures to make more homogenous working
environment by looking after their employees. Human resource managers go through three steps to
make sure the company resonates equality , recruitment,salary and benefits ,training there are 4
types of allowances -hardship,housing ,education ,and cost of living lastlty, human resource will
make sure you develop within the company by reaching your goals and analyzing your performance
it is important human resource nurtures your growth in the company to avoid assignment failures for
example moving abroad international human resource management is an integral part of the
company it is what makes up the company holisticly and what will drive the company to become
bigger.