Macro Environment of Tesco
STUDENT ID#: 0574045/1
MODULE TITLE: INTERNATIONAL BUSINESS
WORD COUNT:
TITLE PAGE
ASSESSMENT:
Report 3000 words
ABSTRACT
TABLE OF CONTENTS
Chapter Particulars Page #
1.0 Introduction 1
2.0 Defining policy 2
3.0 Defining human resource policy 2
4.0 Defining International Human Resource Policy 2
5.0 Human Resource Polices
6.0 Hewlett Packard HR Policies
7.0 Culture of Southern India
8.0 How India 's Culture Impact on HP HRM Policies
9.0 International Human Resource Approach
10.0 Recommendations For Managing Diversity
11.0 Conclusion
1.0 INTRODUCTION
Today, the increase in economic activity at the global level encourages business organizations to seek a competitive advantage by accessing new markets and expanding their operations. According to Porter (1990), the term competitive advantage refers to the strategies that allow successful companies to create profits in their sector of economic activity. By expanding operations, multinationals corporations (MNCs) are often able to benefit from maximized profits. However, these MNCs often face challenges while preparing to invest in foreign countries. Some obstacles to a smooth entry in the market include: adapting to cultural changes and government laws. As such, management needs to understand the new business environment and be willing to implement strategies to deal with the issues that may arise.
With this in mind, this report aims to review the international human resource management policies that would influence the decision of a multinational corporation, namely Hewlett Packard (HP), to set up a subsidiary in Southern India, the challenges faced in attempting this, and ways in which those policies could be adjusted to accommodate operations in the new environment. Southern India was chosen because, according to an article entitled "India Country Profile" written
MODULE TITLE: INTERNATIONAL BUSINESS
WORD COUNT:
TITLE PAGE
ASSESSMENT:
Report 3000 words
ABSTRACT
TABLE OF CONTENTS
Chapter Particulars Page #
1.0 Introduction 1
2.0 Defining policy 2
3.0 Defining human resource policy 2
4.0 Defining International Human Resource Policy 2
5.0 Human Resource Polices
6.0 Hewlett Packard HR Policies
7.0 Culture of Southern India
8.0 How India 's Culture Impact on HP HRM Policies
9.0 International Human Resource Approach
10.0 Recommendations For Managing Diversity
11.0 Conclusion
1.0 INTRODUCTION
Today, the increase in economic activity at the global level encourages business organizations to seek a competitive advantage by accessing new markets and expanding their operations. According to Porter (1990), the term competitive advantage refers to the strategies that allow successful companies to create profits in their sector of economic activity. By expanding operations, multinationals corporations (MNCs) are often able to benefit from maximized profits. However, these MNCs often face challenges while preparing to invest in foreign countries. Some obstacles to a smooth entry in the market include: adapting to cultural changes and government laws. As such, management needs to understand the new business environment and be willing to implement strategies to deal with the issues that may arise.
With this in mind, this report aims to review the international human resource management policies that would influence the decision of a multinational corporation, namely Hewlett Packard (HP), to set up a subsidiary in Southern India, the challenges faced in attempting this, and ways in which those policies could be adjusted to accommodate operations in the new environment. Southern India was chosen because, according to an article entitled "India Country Profile" written
References: 1. Armstrong M., (2003). A handbook of Human Resource Management Practice. 9th Edition: Kogan Page 2. Beardwell et al (2004) 3. Czinkota et al (2003) International Business Update, Stratford Publishing Service: USA. 4. Foot & Hook (2005) cited through Williams & Fletcher (1985), Introducing Human Resources Management. 9th Edition. Pearson Education:UK 5. French W.L.(2003), Human Resource Management Fifth Edition: Houghton Mifflin Co, USA. 6. Gross A.(2001) Recruiting & HR Consulting in Asia: Publications/India/HR & Recruiting in India. SHRM International Focus, G:/India-HR and Recruiting in India.htm. 7. India Caste System, ancient India Caste System: 8. The Economist Intelligence Unit (2006): India Country Profile – 2006, Pg 1-9 9. Wall