MANA 466 Chapter Notes - Chapter 11-12: Human Resource Management, Intelligent Input Bus, Performance Appraisal

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Document Summary

Ibus 466 multinational management: a strategic approach. Human resource management (hrm)- deals with the overall relationship of the employee with the organization. Recruitment, selection, training and development, performance appraisal, compensations and labor relations. All the hrm functions, adapted to the international setting. Employees of mnc include a mixture of different nationalities. Multinational manager must decide how necessary it is to adapt the company"s hrm policies to the national cultures, business cultures, and social institutions where the company is doing business. Expatriate - employee who comes from a country that is different from the one in which he or she is currently working. Home country national expatriate employee who comes from the parent firm"s home country. Third country nationals expatriate workers who come from neither the host nor home country. Host country nationals local workers who come from the host country where the unit is located.

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