SCBUS122 Chapter Notes - Chapter 3: Contingent Work, Multinational Corporation, Franchising
17 Aug 2018
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Chapter 3 managing in a global environment. Global environment: advocates praise economic and social benefits, globalization encourages better use of resources, different approaches, parochial approach, ethnocentric approach, polycentric, geocentric. Impacts of going global: affe(cid:272)ted (cid:271)y ne(cid:449) (cid:272)ountry"s (cid:272)onstraints, opportunities, and restri(cid:272)tions, geography, legal/political, culture/demographics, hofstede cultural dimensions, power distance. Individualism vs collectivism: masculinity vs femininity, uncertainty avoidance, long-term orientation. Chapter 9 organizational strategies: evaluates, what business are we in + how to operate it examples of competitive advantage, value/cost, niche, offer. Porter"s fi(cid:448)e for(cid:272)es (cid:894)find last one(cid:895) substitutions buyer power supplier power competitots: 5 steps which feed into hr activities, recruitment, 4 outcomes of recruitment, talent & succession, learning, od (structure) Internal mobility: bigger business = bigger affect by global economy. Hr challenges: economic and technological changes, workforce availability and quality, growth in contingent workforce, demographics and diversity issues, balancing work and family, organizational restructuring, mergers, and acquisitions, workplace romance.
