BU354 Chapter Notes -Culture Shock, Videotelephony, Agreeableness
Document Summary
The hrm function needs to continuously re-examine its role in supporting this expanding pace of business globalization. Companies set up operations oversea because they can operating with lower labour costs. Organizations that operate facilities in foreign countries need to understand the laws and customs that apply to employees in those countries. Organizations who operate globally have employees that are citizens of more than one country. Home country where the organization"s headquarters is located: e. g. Fairmount employee who is a canadian citizen and works at fairmount"s headquarters or one of its. Host country where an organization operates a facility (other than the home country: e. g. Barbados is a host country of fairmont b/c of its operations there: employees who are citizens of the host country are known as host-country nationals. Third country a country that is neither the home country nor the host country: e. g. Hiring an australian manager to run operations in barbados: these employees are called third-country nationals.
