Cross Border Dissemination of HRM strategies and Practices by EMNCs
VerifiedAdded on 2022/11/12
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AI Summary
This paper notes that cultural and institutional differences affect the dispensation of the HRM practices and strategies. EMNCs may take the ethnocentricity approach while venturing into emerging markets. However, when moving into developed markets they often need to transform their HRM policies to adopt better-globalized management techniques to compete favorably. Differences in cultural factors, globalization demands and complex operational environment are some of the challenges faced by EMNCs as they move across the borders.
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