M H R 300 Study Guide - Spring 2019, Comprehensive Final Exam Notes - Walmart, Permanent Employment, Nordstrom
Document Summary
Key quality: good internal environment and development. Personal valet: perform any task asked by customers. Can"t evaluate firms" strategies without evaluating hr policies. Spain has excess supply of college grads and high school dropouts. Adaptive: low internal consistency with the rest of the firm and high external consistency with the local environment-little transfer of practices. Exportive: high integration of subsidiary hrm systems across the company-replicating practices developed at head office. Integrative: substantial global integration with an allowance for some local differentiation- two-way transfer of hrm practices between head office and subsidiaries. Greeters in germany go against local culture. Taken american values and transplanted them into the german market. Spot market vs reality: long term transaction, with open ended interactions. Long term (open ended) + incomplete + implicit contract. Employment as a long term contract or relationship. Both parties must learn while the relationship is developing. Contractual terms are not clear from the beginning.