Chapter 9: IHRM in the host-country context Standardization and localization of HRM practices * Controlling cross-border operations of an MNE centres around what processes‚ routines‚ procedures and practices can be and should be transferred abroad. In the process of transferring systems and know-how the role of people is critical. * The aim of global standardization of HRM practices is to reach consistency‚ transparency and an alignment of geographically fragmented workforce around common principles
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Questions Chapter 1 1. How does managerial accounting differ from financial accounting? The essential difference between managerial accounting and financial accounting is that managerial accounting attends the needs of managers inside the organization‚ while financial accounting serves the needs of those outside the organization. There are also specific guidelines that are used (GAAP/IFRS) in financial accounting and is mandatory whereas there are no guidelines in managerial accounting and is
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1. Yes people are an organization’s most valuable asset. Achieving success depends on an organization’s ability to manage human capitol. If talented and valued employees leave a business‚ they take their human capitol with them and any investment the company has made in these people is lost. 2. My list of people-related concerns would include different cultures‚ employment laws‚ business practices‚ and the safety of employees and facilities abroad. 3. Corporate social responsibility and sustainability
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Risk Management in International Trade Term Paper 2012 Aritra Pallab Sil Amity University Dubai ACKNOWLEDGMENT I wish to thank Mr Rajneesh Mishra for his tremendous contribution and support morally toward the completion of this project. I am also grateful to my project supervisor Dr. Swati Rathor who without her help and guidance this project would not have been completed. I also show my gratitude to my friends and all who contributed in one way or the
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1.) An enterprise has to treat customers differently and individually because each customer is different and unique. Each customer has different needs and preference. Some customer wants to be loyal to the enterprise and some are not. The enterprise will have an idea how to treat each customer if they are able to see a customer one at a time. Technologies are now a tool to store data’s and information of each customer. Through this strategy‚ they will know how to get‚ keep and grow a customer.
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1. What is the significance of determining whether a country follows the rule of law? Because it makes encouraging foreign investment easier because foreign businesses will know that their interests will be protected. Following the rule of law also makes ensuring protection of human rights of local people easier. 2. How does international law differ from national law? What are the sources of international law? International law includes legal relations between governments‚ including laws
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1 CHAPTER - I INTRODUCTION Two most powerful forces affecting each sector of the economy today are the increasing rate of globalisation and advances in information and communication technology. It causes companies to use their input resources as much as possible in an effective way. Information technology is a powerful force and perhaps the single massive drive‚ impacting global society during the past decade. No doubt‚ it has given a new meaning to the word ‘convenience’. Information technology
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Chapter 1 1. Briefly describe how outsourcing and strategic alliances have impacted IS organizations. Page Ref: 9 2. Describe the key differences between procedure-based information work and knowledge-based information work. Page Ref: 18 3. Why is it important for the IS organization to recognize the distinction between procedure-based activities and knowledge-based types of information work? Page Ref: 19 4. Briefly describe how the Web has changed the term data. Page Ref:
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ISEN 669 Assignment 1 Questions from Chapter 1 40 Points Name: UMA M PANNEERSELVAM Date: 01/29/2012 Bring to class Monday night for discussion and to hand in. DL students: Formulate your responses and then e-mail to Shirish (TA) on or before Monday night‚ January 30‚ 2012. TA: Shirish Lamichhane TA E-mail: slamic2@neo.tamu.edu Respond to the following questions from chapter 1 on pp12-13. Use this document to respond to the following question using MS Word. Type
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Management 1 1. Evaluate the classic management functions and their relationship to each other‚ including the extent to which they may or may not be interrelated. 2. For each classic management function‚ apply one specific example‚ and explain in detail how this function‚ in this specific instance‚ relates to one or more of the other functions. 3. Analyze the differences that may be encountered in addressing each function at different management levels; that is: Are there differences
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