¶ … management challenges of globalization? For example, what aspects of the U.S. legal-political institution could prove difficult for a Chinese firm operating a factory in America? You can provide your own examples if you wish. Economic globalization has not created a global culture. A firm doing business in China will have to cope with a very different legal and political environment than that which exists in the United States. Bribery and corruption is often an accepted part of life in the developing world. Also, workers may be used to different standards of living and relationships with managers than in the U.S. For example, the workforce of Europe is heavily unionized and has a higher level of expectation of worker benefits (such as sick days) than American workers because of the social services provided by the government in EU nations. Wal-Mart's venture into Germany was disastrous for that reason. "One Wal-Mart employee told the newsmagazine Der Spiegel that management had threatened to close certain stores if staff did not agree to work to working longer hours than their contracts foresaw and did not permit video surveillance of their work. Wal-Mart Germany has had several run-ins with the trade union ver.di, which represents retail store...
This creates an ethical challenge for companies like Apple, which must decide if it wishes to impose more compassionate labor standards upon the companies to which it outsources its work in China, or if it allows local standards to dictate what is 'normal' (Glass 2012). Treatment of workers in Apple factories in China has drawn a great deal of public criticism in America. Apple does try to set basic standards for all workers that labor in its factories -- however, ensuring that the labor standards in the firms it contracts to manufacture its goods are upheld has been a challenge.Human Resource Management Using the example of Google, evaluate whether the following HR practices/policies is strategic or not. Does this HR practice help the organization to achieve its goals and objectives? In this paper, we are going to be looking at the impact of different policies and procedures on Google. This will be accomplished by studying the strategies that they are using to attract and retain employees. Once this takes place, is
Still, what has to be mentioned at this state is that the productivity is increased at the level of repetitive team tasks. In other words, when the tasks of the team are less repetitive, when they are new and involve creativity, the productivity of the team decreases. This is explained by the fact that the members in a homogenous team are alike and tend to have the same reaction
Globalisation By their nature, multinational companies have culturally diverse social capital, and need to adopt strategies to maximize the benefit that this capital has to the business. The field of human resource management plays a significant role in unlocking this social capital. Job descriptions and benefits programs provide motivation for employees that fits with their individual and cultural needs, in addition to meeting the needs of the organization. This paper will
S. (Matviuk, 2010). The Mexican managers believed that individuality (IDV) was essential for them to operate their factories successfully. The fact that their overseas senior management teams did not causes significant conflict. As a result, the Mexican managers chose to create more tacit and explicit knowledge programs so the senior management teams could see how much information was being lost due to their insistence on managing in a strict hierarchy
To avoid all these hassles, corporates should take the lead. They should ensure that the environment is not harmed in any way and people are treated with respect and dignity without exploiting the people or the environment in any unfair way. Such initiatives get publicity too and this has a positive impact on the company's business interests. Therefore, technology has been another driving factor that induces companies to take the
The policy reform that are put in place are deigned in such a way that they increase the economy's growth as well as the stability are likely to bring an influence to the speed of integration in a country directly and through how they impact growth (Mrak,2004). We can not deny that globalization has some benefits to the world but it is also important to take not of some of
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