Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
- What are the factors driving MNCs to either standardise or localise their HR practices in subsidiaries?
- Factors driving Standardisation (amazon)
- Factors driving Localisation (Amazon)
- explain why some of the HR practices cannot be standardised in one chosen subsidiary/ overseas branch of amazon
Expert Solution
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Answer for Q1:
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"Since you have asked multiple questions, we will solve the first question for you. If you want any specific question to be solved then please specify the question number or post only that question."
International human resource management (IHRM) includes HR practices of the organization at the international or global level. Human resource management refers to a strategic approach to managing the workforce in the organization. It includes activities that deal with recruiting, hiring, compensating, and appraising employees. All the activities and human resource functions performed at the international border are termed international human resource management.
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- Global businesses often implement quantitative measures to ensure that their subsidiaries are performing to stated corporate goals and expectations. Examples of quantitative measures include financial performance ratios (e.g. profitability ratio, market shares ratio, sales trends, productivity figures etc. Others implement quality standards (e.g. ISO9001, ISO14001, Six Sigma, etc) to ensure compliance with quality requirements and to reduce defect rates etc. These output-based performance measures do have their advantages and limitations when compared to more interpersonal controls in other organizations. Part 1: Identify a global company and describe 2 examples of how the company measures or tracks the performance of its company and subsidiaries in foreign countries. Part 2: (A) Discuss how effective are these performance measurement controls you selected in Part I by describing at least 2 advantages and (B) discuss 2 limitations of those measurements used. You must support your…arrow_forward5- Identify from the following, the one that is not an internal environment factor affecting the human resources of the organization. a. HR system of organization b. Market intermediaries of organization c. HR policies of organization d. Organization missionarrow_forward57) Which of the following is a driver for an ACO? A) Resource complementarity b) risk reduction c) Legislative requirements d) All of the abovearrow_forward
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