International Human Resource Management (DOC)
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Added on 2020-01-28
International Human Resource Management (DOC)
Added on 2020-01-28
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UniversityTopic NameInternational Human Resource ManagementByDateNameLecturers Content
International human resource managementsTask 1:.........................................................................................................................................................3Analysis of HR implications on franchising:.............................................................................................3Analysis of HR implications of mergers and acquisitions:........................................................................3Identify and evaluate international development strategies of Coca-Cola:.............................................4Task 2..........................................................................................................................................................6Evaluation of different types of the various types of international reward and compensation practices adopted by multinational companies to motivate to their expatriates...................................................6Identification and evaluation of Coca Cola’s reward and compensation services in India and Mexico...7Recommendation........................................................................................................................................9Conclusion.................................................................................................................................................10References:................................................................................................................................................11Page 2 of 11
International human resource managementTask 1:Analysis of HR implications on franchising:The effects of HR on franchising are given below:HR of an organisation helps in creating a well-planned permit agreement about office laws.HR gives disclosure of salary costs before inflowing into a contract agreement and supplyopportunities for support in the time of the license agreement (Kumar, 2016). HR of an organisation observe franchisees and ask for regular information about service.HR of a group carry out usual acquiescence reviews of franchised industries.Both franchisees and their workers must feel relaxed while dealing with a franchisor in deference to topics with the organisation. Employees must not believe that they are prohibited from raising service anxieties with the franchisor. HR implicates positive feedback among the employees (Mallapragada and Srinivasan, 2016).Analysis of HR implications of mergers and acquisitions:HR helps supervise any troubles or disputes associated to inhabitants in the associations as the amalgamation or acquisition procedure opens out.Company traditions: HR helps decide if the traditions of the two corporations that are becoming a single company through fusion or attainment are companionable. Benefits troubles: throughout the due meticulousness part of an amalgamation or attainment, which approaches after the procuring company composes its preliminary offer to buy the other corporation, administration from the obtaining company evaluate whether the agreement makes tactical and economic sense (Finkelstein, 2016). Page 3 of 11
International human resource managementEmployee apprehensions: a unification or acquirement creates doubt and alteration for workers both of the obtaining company and the procured company. HR in both organisations lend a hand to soften the changeover for recruits, helping tranquil any worries as well as replying to queries about how the amalgamation or acquirement influences each member of staff individually.Identify and evaluate international development strategies of Coca-Cola:Indian marketplace is one of the leading budding markets in the whole world.The Coca-Cola Company is stated as a worldwide company with foreign goods and universal actions.Coca-ColaCompany’s temporal power came from working as a multi-local industry that for a very extendedtime depends mostly on the near of neighbouring bottling associates. That is why the global approach of coca-cola allow its production in more than 198 nations to work according to for restricted rules, local traditions, and local requirements and so on. Coca-Cola follows a general global policy, allocating for differences in wrapping, allotment, and media that are vital to a specific country or environmental area. Thus, the international strategy is contained in a precise geographic promotion chart. Instead of relating a global plan, it is expected to be an approach of thinking internationally, but performing locally (Yuvaraju, Subramanyam and Rao, 2014).Advertising and promotion are one of the strongest points of any international business in any state. As to settle in the market in front from the opponents, advertising plays the chief position in Indian marketplace for beverages.Coca-Cola Company advertising plan relies on 3 A's that are Accessibility, Affordability and Acceptability. The former 'A' is for accessibilityof the invention to the clients. The next 'A' is for affordability is for costing, and the third 'A' is for suitability which acts as convincing the consumer to purchase the invention. Coca-Cola applied two different promotion plans for each modern and rustic marketplace. The former development life ho to Aisi indicates time as it must be for the Metropolitan bazaar and the otherPage 4 of 11
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