International Business Research Report

Added on - 21 Jul 2020

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International BusinessResearch
Table of ContentsINTRODUCTION...........................................................................................................................11. Apply the simple research model to the research article listed below by answering thefollowing four questions:........................................................................................................12. Challenges experienced in undertaking this activity?........................................................3CONCLUSION...............................................................................................................................4REFERENCES...........................................................................................................................5
INTRODUCTIONInternational business can be considered as the most essential element of market place.This described as the all commercial activities which take place to creating awareness about thetransfer of goods, services, people, resources, ideas, thoughts and technologies among themultiple countries. International business includes oversees transactions that are taking placeamong two or more countries in respect to gaining more growth and profit (ABS (AustralianBureau of Statistics) 2004). The present research is based on “International Business Research”which evolves on an article of “To have and to hold: modelling the drivers of employee turnoverand skill retention in Australian organisations”. Employment turnover can be consisting as anessential issue of business and organisations are concern on applying some techniques which areeffective in retaining work forces.1. Apply the simple research model to the research article listed below by answering thefollowing four questions:StagesDescriptionWhere are wenow?Employee Turnover is a very important and decisive factor in anyorganization which have various negative effect on various organizations. Itis also true that management policies and practises which promote the jobsatisfaction, diversity, organisational commitment and procedural justice inthe firms are very crucial and they can play a very important part in makingup the mind-set of individual employees whether to leave or retain in thefirm. Human resource practises is important to sort out all thedissatisfaction among workforce, and management should ensure thatHuman resource of the organization is satisfied so that they will retain withcompany for longer period of time and there would be no additional burdenon company with regards to cost of training and development of newemployees (Allen, Shore and Griffeth, 2003). There is a high need that therate of employee turnover should be reduced going forward and this can beachieved only by making employees and overall workforce of organizationhappy and prosperous, so that they would be able to relate themselves withcompany and a sense of belonging can be achieved. The firms in Australia1
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