on how to recruit and select a CEO in the set-up and growth phase of the business cycle within Shanghai in February 2013. Firstly‚ this essay will argue whether the Human Resource Department of Samsung will adopt an ethnocentric‚ polycentric‚ regiocentric or geocentric recruitment and selection strategy. Secondly‚ this essay will outline the selection criteria for determining as who will be selected for the new CEO position within Shanghai. Thirdly‚ this essay will propose the leadership style
Premium Leadership Expatriate Human resource management
Inter-Mar L1 objectives basic concepts=international marketing‚internationalization‚global orientation etc. why and how firms go international=inter‚ external motivations different types of inter-mar-organizations=5types definition the marketing of goods and services across national boundaries it involves; identifying international marketing opportunities providing products and services that meet international market needs communicating with international audiences delivering products
Premium International trade Marketing Globalization
The external Environment of business refers to the external forces which consist of legal-political‚ economic and culture‚ that play a part in influencing the direction that the firms take. The legal element of the environment is the framework of rules laid down by the government which business must operate. The labor laws protect the rights of the NBA players by providing for contracts of employment ‚ compulsory insurance ‚ recognition of National Basketball Association and industrial
Premium United States Basketball
headquarters. 3 State of Mind Attitudes Geocentric – World Oriented – No equate superiority with nationality – Seek the best men regardless of nationality to solve the company’s problems anywhere in the world. – Subsidiaries are a good citizen of the host nation and contribute to benefits such as: • Increasing supply of hard currency • New skills • Knowledge of advanced technology – World wide approach in both headquarters and subsidiaries – Geocentric approach – Bring the best man in the
Premium Earth Ethnocentrism Polycentrism
Global MKTG 1064 Lecture One: INTRODUCTION TO GLOBAL MARKETING JAN 2013 Semester 1-1 LEARNING OUTCOMES OF THE COURSE (READ YOUR COURSE GUIDE !!!) 1-2 ASSIGNMENT: GROUP REPORT (50%) (3000- 5000 word Marketing Plan/ Feasibility Study) Note: make sure the proportion of content that you write matches the marks distribution 1-3 PREPARING FOR THE GM PROJECT REPORT 1. The project must be researched progressively- last minute work would lead to poor grades 2. You have been
Premium Marketing International trade
HUMAN RESOURCE MANAGEMENT IN INTERNATIONAL ORGANIZATIONS Sonja Treven* Received: 08. 09. 2001 Review Accepted: 15. 11. 2001 UDC: 658.3 In the paper‚ the author first presents various approaches to the management and recruitment of employees in subsidiaries that the company has established in different countries. Then‚ she turns her attention to the basic functions of international human resource management‚ among them recruitment and selection of new employees‚ development and
Premium Human resource management Management
59-71. Reynolds‚ C.‚ 1997. Strategic Employment of Third Country Nationals: Keys to Sustaining the Transformation of HR Functions. Academic journal article from Human Resource Planning‚ 20(1)‚ pp.33-39. Robles‚ F.‚ 2000. Towards the Latin American Regiocentric Corporation. Latin American Business Review‚ 1(3)‚ pp.17-45. Scullion‚ H.‚ 1994. Staffing Policies and Strategic Control in British Multinationals. International Studies of Management & Organization‚ 24(3)‚ pp.86-104. Selby‚ S. et al.‚ 2005
Premium Human resource management Qualitative research Management
Ch 16‚ 17 18‚ 19 Chapter 16 Why export? To serve markets where the firm has no or limited production facilities. To satisfy a host government’s requirement that the local subsidiary have exports. To remain price competitive in the home market. To test foreign markets and foreign competition inexpensively. To meet actual or prospective customer requests for the firm to export. To offset cyclical sales in the domestic market To achieve additional sales‚ which will allow the firm to use excess
Premium International trade
selling in the importing country‚ the firm may have at times no alternative other than either to get it back or destroy it there or accept other cuts in its price. An ethnocentric firm always looks for help from the home country government. A polycentric firm (P) is one that exports to not just one market but to several markets. It looks for customers in different markets. But still it is interested in selling its existing product line in the
Premium Marketing Market Economics
political‚ legal‚ economic and socio – cultural factors. Other factors include trust and personal moral merits. There are three approaches to staffing policy which a multinational firm can adopt. These are the ethnocentric approach‚ polycentric approach and the geocentric approach (Hill‚ 2011). A firm using the ethnocentric approach fills all key management positions with parent country nationals; this approach is often used when operations are carried out in less developed countries (Hills‚ 2011)
Premium Multinational corporation Employment Training