Professional Documents
Culture Documents
UNIT 1
3. Meaning of HRM
Human resource management is the strategic approach to nurturing and supporting
employees and ensuring a positive workplace environment. Its functions vary across different
businesses and industries, but typically include recruitment, compensation and benefits,
training and development, and employee relations.
4. Significance of Standardization
The goal of standardization is to ensure uniformity to certain practices within the industry.
Standardization focuses on the product creation process, operations of businesses, technology
in use, and how specific compulsory processes are instituted or carried out.
5. Define IHRM
According to Hugh Scullion, International HRM (IHRM) involves the HRM issues and
problems arising from the internationalization of business, and the HRM strategies, policies
and practices which firms pursue in response to the internationalization of business.
6. Outline 5p model
The 5P's Model is based on five constitutional aspects:
Purpose
Principles
Processes
People
Performance.
13. Localization
Localization is the process of adapting and customizing a product to meet the needs of a
specific market, as identified by its language, culture, expectations, local standards and legal
requirements.
14. Evolution of HRM
The evolution of HRM can be traced back to the early 20th century when the focus was on
maintaining records and ensuring compliance with labor laws. Over time, the role of HRM
has evolved to become more strategic and proactive in aligning human capital with the
organization's goals and objectives.
Unit 2
7. Define franchising
Franchising: Franchising is a business model where a franchisor grants a franchisee
the right to use its business model, brand, and processes in exchange for fees or
royalties. The franchisee operates their business under the established brand
guidelines and benefits from the support and reputation of the franchisor.
Unit 3
1. Identify the challenges in international mangers staffing?
Challenges in International Managers Staffing:
Cultural Differences: Adapting to different cultural norms and practices in a
new country can be challenging.
Language Barriers: Communication may be hindered due to language
differences.
Global Mindset: Finding managers who possess a global perspective and can
work effectively across diverse environments.
Legal and Regulatory Compliance: Complying with various employment
laws and regulations in different countries.
Family Issues: Addressing the concerns of the expatriate's family regarding
relocation.
2. What are the reasons to adopt outsourcing in recruitment?
Reasons to Adopt Outsourcing in Recruitment:
Cost Efficiency: Outsourcing recruitment processes can be more cost-
effective than maintaining an in-house recruitment team.
Expertise Access: Access to specialized skills and expertise from external
recruitment agencies.
Focus on Core Business: Allows the company to focus on its core operations
while experts handle recruitment tasks.
4. Define recruitment?
Recruitment: Recruitment is the process of identifying, attracting, and selecting
qualified candidates to fill job vacancies within an organization.
Unit 4
12. List the current trends involved in international training and development?
Current Trends in International Training and Development:
Virtual and Remote Training Solutions
Personalized Learning Paths
Emphasis on Cultural Competency and Inclusion
Technology-driven Training Platforms
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Prepared by Dean-MBA
Ms.S.Abirami Dr.P.Megaladevi