Class notes
Human Resources Management IIA Chpt.4 - International HRM and the Global Economy
- Course
- Institution
- Book
The international organisation, international competition, and organisational drivers for international HRM.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Human Resources Management IIA Chpt.6 - International Perspectives
-
Human Resources Management IIA Chpt.1 - Managing People
-
Human Resources Management IIA Chpt.2 - The Concept of Human Resources Management
Seller
Follow
ProfBurgerQueen
Content preview
Human Resources Management IIA by ProfessorBurgerQueenInternational HRM and the Global Economy
- When it comes to globalisation, outside forces act on an organisation:
- Culture
- Society
- Politics
- Economy
- Environment
- Traditionally, HR managers are involved with employment legislation, industrial
tribunals, and trade unions at a functional level
- Factors affecting the supply, cost, and quality of available employees:
- Government
- Economics
- Social security
- Education and training
- International competition, strategic alliances, and supranational organisations, such
as the European Union, are exercising increasing influence on people management
- Globalisation is a term used to describe the growing interdependence of the world’s
economies and populations, brought about by cross-border trade in goods and
services, technology, and flows of investment, people, and information
- This process has been fostered by trans-national or multinational companies.
Such organisations are free to switch resources and production from one
country to another
- Typically this is done to maximise the benefit of greater skills availability and
lower employee costs
- The insecurity thesis sees that employment in developed countries has become more
insecure or unstable in the sense that both continued employment and the levels of
remuneration have become less predictable and contingent on factors which lie
beyond the employees’ control
- The 5 organisational drivers influencing development of international HRM:
- Efficiency orientation
- Global service provision
- Information exchange
- Core business processes
- Localisation of decision-making
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ProfBurgerQueen. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.43. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now