Managing Human Resources LO 2 and 4 presentation

Human resources

Table of Content
Human resources.......................................................................................................................1
MAIN BODY..................................................................................................................................3
Multi national enterprise:.............................................................................................................3
Differentiation between HRM and IHRM:..................................................................................4
Four types of staffing approaches:...............................................................................................5
REFERENCES................................................................................................................................1

MAIN BODY
Multi national enterprise:
Multi National Enterprise also known as Multi National Company (MNC) is a company which
has central office in one country but manufacture and provide goods & services in it's home
country as well as other countries over the world such as Unilever , HSBC holding and BHP
group (Shevchenko, 2021). On other hand, Transnational Enterprise is a company that
provides manufacturation of international goods & services, overseas income &
management in more than one country over the world. They do not rely on central office to
make decisions for them. Such companies mainly set up their business in developing
countries as they believe that lands & labour are cheaper than developed country.
Differentiation between MNC and TNC enterprises:
MNCs - MNE & TNE are companies which has their business set up globally or more than 2
countries but still we cannot use them interchangeably because of few reasons :-
Multinational enterprise
 MNE have a home company which operates & manages the work of all overseas set ups.
 They do not have liberty to take the business decisions on their own. Central office makes
the final call for everyone.
 Host Company is linked to all the set ups & keep the record of it's investment, loss &
incomes.
 They have a similar work pattern to be carried out everywhere.
Transnational enterprise
 TNE doesn't have any head company and looks after the work of other firms which is
opened under their name.
 Every individual have right to make their own decisions in favour of their business.
 They do not keep any record of their firms as they are not linked with them( Dan-Jumbo
Comfort, and Etim, 2018). Even if someone is setting up their business under their
management then too it will called as a complete new organization.
Differentiation between HRM and IHRM:
Basis HRM IHRM