Professional Documents
Culture Documents
Definition
-. Managing people in multinational companies
-. Involves the worldwide management of people not just expatriates
Strategy Defined:
Process of ensuring that HR strategies, policies and practices are developed and implemented
that will help the company operate profitably in a number of different countries and ensure
each unit operate effectively within its context – its culture, legal, political and economic
factors that affect it.
Managing Expatriates
= Is a major factor in determining success ir failure in an international business.
-. Outsorcing
-. Use extensively by firms in stages 3 to 5
-. Changelles include
-. Online security
-. Safety issues
-. Client complaints
Falling barriers
= Trade, production, service and finances barriers largely disappeared