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IHRM - Institutional approach Study Guide Questions And Accurate Answers 100% Verified. $12.99   Add to cart

Exam (elaborations)

IHRM - Institutional approach Study Guide Questions And Accurate Answers 100% Verified.

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  • Course
  • LME.
  • Institution
  • LME.

Institutional approach - Ferner - correct answer - Orgs constrained by institutions in country that they are operating in - Must adopt an approach that agrees with the different stakeholders approach in that country 1. Societal Effect - correct answ...

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  • August 15, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • LME.
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IHRM - Institutional approach

Institutional approach - Ferner - correct answer - Orgs constrained by
institutions in country that they are operating in

- Must adopt an approach that agrees with the different stakeholders approach in that country



1. Societal Effect - correct answer - Maurice et al - argue that social institutions
influence companies practices - e.g. economic, gov, family, educational. religious

- How these interact

- Each society displays different ways of dealing with challenges

- Depends on mgt, labour and the state interacting in nationally distinctive ways

- Companies structure and processe have to reflect typical national patterns in order to be successful



2. National Business System - correct answer - Whitley - variation in nation-
level institutions

- Transfer of HRM practices largely depends on the institutional structures of the host country

- 4 key institutional areas - State, IR, financial systems, patterns of education and training

- Different national business systems are relattively stable and eff in seperate institutional contexts

- Pull towards continued national divergence



3. Varieties of Capitalism - correct answer Understand institutional diffs and
sims among developed economies



Hall and Soskice - correct answer - 2 distinct types of economy

- CME or LME

- CME - controlled by formal inst

- LME - controlled by market mechs

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