HRM 4470 Lecture Notes - Lecture 1: Culture Shock, Emic And Etic, Performance Management
16 Oct 2016
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Document Summary
Three broad approaches: cross-cultural management: examining human behavior within organizations from an international perspective, industrial relations: describe, compare and analyze hrm systems in various countries, ihrm in multinational firms. Multinational enterprise: a firm that owns or controls business activities in more than one foreign country. Hrm: activities undertaken by an organization to effectively utilize its human resources, which include: human resource planning, staffing (recruitment, selection, placement, performance management, training and development, compensation (remuneration) and benefits, industrial relations. Host country is where a subsidiary is located. Home country is where the parent company is located. Other country may be the source of labour, finance and other inputs. Nationality of the employee is a major factor in determining a person"s category" which is a major drive of the employee"s compensation. International hrm: interplay among human resource activities, types of employees and countries of operation. Domestic hrm involves employees within one national boundary.
