International HRM Practices: Analyzing MNC Failures Abroad
VerifiedAdded on 2023/06/17
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Report
AI Summary
This report examines the failures of Human Resource Management (HRM) practices within multinational corporations (MNCs) when operating in international environments. It highlights that a primary reason for these failures is a lack of understanding of the cultural norms and labor laws specific to each foreign environment. The report contrasts international HRM with domestic HRM, noting the increased complexity and external factors involved in managing a diverse, globally distributed workforce. Key challenges include compliance with varying labor laws and adapting HR practices to different cultural contexts. The report concludes by emphasizing the importance of ongoing training and development, and adherence to local regulations to enhance employee productivity and organizational goals. Students can find similar reports and solved assignments on Desklib.
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