ADMS 2600 Chapter Notes - Chapter 15: Multinational Corporation, Independent Business, Sensitivity Training

• School: York University
• Department: Administrative Studies
• Course: ADMS 2600
• Professor: A L L

Document Summary

International corporation a domestic firm that uses its existing capabilities to move into overseas markets. Multinational corporation (mnc) a firm with independent business units operating in multiple countries. Global corporation a firm that has integrated worldwide operations through a centralized home office. Transnational corporation a firm that attempts to balance local responsiveness and global scale via a network of specialized operating units. Cultural environment the communications, religion, values and ideologies, education, and social structure of a country. Issues in international hrm in helping employees adapt to a new and different environment outside their own country: relocation, orientation, translation services, objective. Expatriates, or home-country nationals employees from the home country who are on international assignment. Locals, or host-country nationals employees who are natives of the host country. Third-country nationals employees who are natives of a country other than the home country or the host country.