HRM3704 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 (367713) - DUE 31 October 2024; 100% TRUSTED Complete, trusted solutions and explanations.
HRM3704 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 (367713) - DUE 31 October 2024
HRM3704 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 (367713) - DUE 31 October 2024
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Contemporary Issues in Human Resource Management
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HRM3704
ASSIGNMENT 6 SEMESTER 2 2024
UNIQUE NO.367713
DUE DATE: 31 OCTOBER 2024
, Question 1.1
KOYO’s management of international employee transfers can be understood as part of
international human resource management (IHRM).
The company used three different approaches
1. Expatriation (Bringing an expert from the headquarters): They transferred an
employee from the headquarters in Europe to the Middle West.
o Advantages:
Knowledge transfer: Expatriates often bring specific knowledge
and expertise from the headquarters, improving the subsidiary's
efficiency and technical capabilities.
Organizational culture alignment: An expatriate familiar with the
company’s core values and policies ensures consistency in
operations across subsidiaries.
2. Hiring from the region (Programmer): They recruited someone from the same
region as the host country.
o Advantages:
Cost-effective: Hiring regionally reduces the financial burden of
relocating employees and provides local expertise that aligns with
the host region's culture.
Familiarity with the local market: Regional hires typically have a
good understanding of the local market, regulations, and customer
expectations.
3. Local hiring (Networking specialist): They hired a local employee for a short
term.
o Advantages:
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