COMMERCE 4BM3 Lecture Notes - Lecture 6: Multinational Corporation, Social Isolation, Extraversion And Introversion

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 4BM3
• Professor: Frances Tuer

Document Summary

Workforce diversity > increased number of older workers, employees with disabilities, gender issues, ethnic and cultural differences among employees. Hr managers faced with a complex legislation framework. Hr departments are often understaffed, underfunded, and limited to a supporting role with little key decision-making power. Employment legislation and socioeconomic and technological differences in local markets demand sophisticated srhrm systems. Security > risk assessments, precautionary measures, safety procedures, contingency plans for employees and their families. Establishing relationships with canadian government representatives is essential > embassies, chambers of commerce, consulates, high commissions. Projecting global competence supply, forecasting global competence needs, and developing a blueprint to establish global competence pools within companies. Issues, functions, policies, and practices that result from the strategic activities of multinational enterprises and that affect the international concerns and goals of those enterprises. Four stages of multinational corporation growth: domestic strategic, multidomestic strategy, multinational strategy, global strategy.