The term ‘actus reus’ refers to the physical component of the crime, while ‘mens rea’ addresses the mental aspect of the offence. Situations, when the alleged perpetrator has the actus reus, but lack mens rea can be different, and a solution depends on the constituent components of a particular crime. First of all, strict liability offences and a range of other offences that differ across statutes and common law under different jurisdictions do not require proving mens rea. Strict liability often refers to minor offences (e.g., selling alcohol to an under-aged individual), where it is hard to determine the ...
Essays on Host Country
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Introduction
Public policy is a crucial aspect of social and political structure and it paramount in making decisions and choice by those in power because public policies has a significant impact towards the public’s daily life. On the other hand, policies encompass loopholes created by conditions that are either overlooked by the policy-makers or caused by the changing trends in social and political environment. This is when the importance of analysis and evaluation of public policies becomes important in ensuring that the implemented policies will effectively serve its intended purpose. Normally, elected political leaders have ...
Introduction 4
Literature Review 7
Results and Discussion 13 Conclusion and Recommendations 14
References 15
Appendixes 18 Introduction France has been debated on their expatriates’ citizen lately due to the expansion of expat workers. It is seen negatively as some politics state that it is a “lose of brains” for the country because of the crisis and fiscal pressure of the government (Biacabe & Robert, 2014). The French system is often criticized due to the high risk that entrepreneurs are facing when they open their business in France. For instance, as Jean Tirole who awarded the Nobel Prize in economic, explained the French labour ...
A 10-Step Hypothetical Outbreak Investigation and Response Model
[Author Name] [Author Affiliation] [Author’s notes with more information about affiliations, financial obligations, conflicts of interest and how to contact]
Managing Communicable Disease and Risk
After a suspected outbreak of a new strain of influenza virus among workers at the nation’s largest airport, a series of steps must be completed in order to confirm and manage the situation. Advice from the CDC in 2012 should be taken into consideration during this process; message mapping, priority communication, accuracy, credibility, empathy, providing action steps and, overall, a show of respect is vital to the process (CDC, 2012). Referring to the H1N1 pandemic response in ...
International Cooperation
One of the reasons that multinational organizations have been able to succeed in foreign countries is through diversification and differentiation. In order to achieve these two very important aspects, the organization has to understand and respect the culture of the home country. One of the best ways to prevent culture related problems is through workforce diversification. An organization may involve employees from the host country in order to include their cultural values and norms. In addition, the organization may develop cross-cultural training programs for employees to learn the culture of the host nation, (Parrotta, Pozzoli, & Pytlikova, 2014). Training enables ...
International Business Failure
An indication by Kokemulle (2016), shows making worldwide business progress is penurious upon countless variables, for example, lack of positioning, poor correspondence, deficiency in versatility or even poor understanding of business sector. In any case, a couple of regular subjects develop with organizations that endeavor to work past household fringes and fall flat. For organizations to succeed in a worldwide commercial center, they require certain organization qualities that adjust to the individual to the host country and without the adjustments, the expatriate will be noted to fail in their mission in the given host country. There are certain factors ...
Political Order
In the history of man and his pursuit of power, there are various lines which enemies drew upon each other as they seek to make their points stand out. The twentieth century remains one of the most historic times for the end of major wars between men, paving the way for the future movements, rules, and guidelines. Political power among major nations led to the beginning of World War I and II, which led to the death of millions of people, leaving some of the nation’s poorer than before. One might argue out that these wars were unnecessary ...
The article Going for the Gold: The Economics of the Olympics by Robert A. Baade and Victor A. Matheson provides a good insight into the economic implications for hosting the Olympic Games that take place after every two years. The host cities experience both positive and negative economic implications as a result of the economic activities undertaken before, during and after the Olympic Games. The developing countries should be very keen on the decision to bid for the tender of hosting the Olympic Games because they are largely affected by the economic constraints of such events as compared to ...
Introduction
Donaldson’s algorithm is a critical analysis and confirmatory avenue that provides a guideline for cases where multinational companies and corporations are faced with corporate responsibility dilemma. The problem stems out as a result of the differences between the home country norms and ethics and those of the host country (Schlegelmilch, 1998). Donaldson designed the algorithm to aid the multinational corporations in deciding whether or not it if sound and ethical to conform to the prevailing norms in the host country. The assignment seeks to analyze two business practices and the conditions that the multinational firms are subject to ...
Introduction
The world of today is characterized by an abundance of plural societies, where people from different cultures, languages, races, and ethnicities coexist in a spirit of tolerance and harmony. The majority of these civilizations have experienced diversity as a result of particular global phenomena, including slavery, colonization, and immigration among others. The existence of assorted racial and ethnic factions in the contemporary society presents a challenge of inclusion and participation in diverse national issues, especially political processes. Obviously, indigenous groups reserve and exert the greatest influence as far as participation and inclusion in political processes in host countries are ...
Part 1
With the rise of globalization, many firms have ventured into internationalization because of the wide playing field and the quest for bigger profit. There are many challenges to international expansion and firms have experienced advantages and disadvantages in their entry to new markets. Research has shown that international expansion influences organizational performance through economies of scale, exploitation of local endowments, knowledge sharing, and other mechanisms. However, there were studies that concluded a positive relationship between international expansion and corporate performance (Delios & Beamish; Goerzen & Beamish as cited in Jiang, 2010). Moreover, a few research focused on the effect of corporate ...
Global Education
Globalization is a very interesting process, which carries many implications for a favorable both for the situation in a single country and the situation in the whole world. Globalization is the process when the world economies began to unite, when countries started to work and grow together, supporting each other and helping each other in different situations. Globalization has led not only to the fact that the economies have become common, globalization has led to some other consequences. The world is now more open in terms of cultural differences as well as social: people are more tolerant to each ...
Abstract
Africa is a continent that is divided by many countries, literally. It is one of the most tumultuous places in the planet thanks to the numerous eruptions of civil wars and episodes of unrest just in the past decades. That number only increases if the timeframe gets adjusted to the past hundreds of years. Africa and countries within it like Nigeria are rich in natural resources. However, because of the long history and apparently unstoppable occurrence of civil wars and other forms of armed conflict, they are prevented from benefiting from that advantage. In this paper, the author discusses ...
Customer Name
Syrian refugees are citizens of Syria who have fled the country because of the Syrian civil war, which has begun in 2011. Currently, Turkey is the largest host country, in which as of 2016 there are more than 2.7 million Syrian refugees. About 1 million Syrians have sought refuge in various countries, in particular in the neighboring, such as Lebanon, Jordan, Turkey, as well as in the European Union (EU). In February 2016, UNHCR collected contributions by various countries to resettle and provide the necessary living conditions for the 170,000 registered refugees. The work of human rights organizations ...
Affiliated Institution
The purpose of this paper is to discuss the compensations strategies that are used by multinational companies for its employees; what are those strategies? Are they fair enough for the entire employees? Does implementing those strategies assist in achieving the organizational and business objectives? We will talk about those issues in details. Before jumping into the types of compensation, we need to take a closer look on the forms of employment by multinationals as it affects the compensation plan of the employee significantly. First of all, there is the Parents Country Nationals (PCNs) who are personnel of the same ...
On September 20, 2001, nine days after the terrorist attack on the World Trade Center, the President of America at the time, George W. Bush gave a speech to address the Congress and the nation. The speech recounted the events past briefly, identified the cause of the event and the perpetrators involved: it also consoled the American people and identified heroes who discharged their duties well. The speech was ended with a promise to the American people to ‘bring justice to the enemies of freedom’. The speech was well crafted to induce a specific action from the American people: ...
A Study on the differences between Maersk and Citigroup in IHRM practices
Globalization of business operations and the emerging issues have necessitated that business organizations reformulate their management policies to resolve the problems arising out of a diverse cultural atmosphere. Business destinations in developing countries offer a multitude of opportunities but organizations have to prepare themselves well to address the differences in business factors influencing success. These factors may be related to political, economic, cultural or legal environment and affect the functions of organizations. One of the organizational functions affected seriously by the diverse factors is that of International Human Resource Management (IHRM) and multinationals formulate different policies to confront the ...
Abstract
Immigration has been a thorny subject for the past centuries. The issue has been widely debated and talked about since the influx of the movement of people from their original home countries to new countries for various reasons. Immigration can be defined as the movement of people from their native countries to countries where they do not hold citizenship with the main aim of settling there permanently or to take up employment. People who often cross international borders to other countries to look for jobs or with the intention of settling there are called immigrants. Whereas people continue to ...
Executive Summary
International growth of a company is strictly defined by the expertise of its managers in training and developing human resources abroad that can work with the organizational structure of the parent company. But training employees abroad is considerably a demanding task. This is especially because of the cross-cultural differences that will hinder most of the usual training and incentive programs that are based out of the ethics of parent corporation. It is essential that the parent corporation understand the cultural practices as well as sensitivities of the target country before venturing into business with it. This is where the ...
International Business & Global Logistics
International Business & Global Logistics This paper deals with the North American Free Trade Agreement, such notions as state capitalism and guarded globalization, functioning of the multinational corporations and the major cultural dimensions.
The North American Free Trade Agreement, established in 1994, created free trade zones that are the largest in the world. The North American Free Trade Agreement was aimed at economic growth of such countries as Mexico, the United States of America and Canada. After the agreement came into effect, the wealth of families, workers, manufacturers and thus the prosperity of countries has been increased greatly (“North American ...
Audit and Internal Control
Question 1 - Relationship between the Concepts of ‘Business Risk’ and ‘Financial Statement Risk’ The business risk and financial statement risk tend to have a direct relationship with one another because occurrence of business risks, if not addressed by the internal management of ABCDE Company in a timely and wise manner, will potentially result in material misstatements of the figures in financial statements of ABCDE Company. For instance, due to increase in competition, the demand for cleaning equipment sold by ABCDE Company to commercial cleaning contractors decreases which itself is identified as a business risk for ABCDE Company. Due ...
My paper examines the issue of international immigration and immigrant incorporation with a keen eye on how that has positively affected or benefited both the host countries as well as the sending countries.
Abstract
Immigration has been experienced in the world in a long time because people keep moving back and forth from one country to another. In some instances, immigrants and members of the host country assimilate and get to resemble one another in a process that can best be described as incorporation. Through that there is an economic and cultural integration and merging that positively influences members of ...
Introduction
In the contemporary corporate world, business organizations are increasingly expanding across national borders in order to meet their competitive requirements, availing the low cost and labor options, and to get the best talent from all over the world. However, from a multinational perspective, thinking about expansion usually begins with the concern of managing expatriates and their associated issues. This paper elucidates the case of our organization, which is expanding its business of selling undies/inner wears in the Romanian market. The business has initiated to invest with a local Romanian firm that will produce the product for both men and ...
Analysis of Multinational Companies
Analysis of Multinational Enterprise The spread of the globalization across the world facilitates the process of the foundation of new firms and business units in different regions. With that, some companies prefer to have the supply chains approximately in every country regardless the fact that the headquarter of the company is locate din one jurisdiction. Among diversified nature of the business units, today are quite popular the multinational companies due to their competitive advantages in the market. The experts in the business environment define the multinational company as the enterprises that has the production facilities and other relevant assets ...
Introduction
Offshoring is a common trend to a majority of international companies that have their root of operation outside the U.S market. Apple Inc. is one such company that has been caught up in a flurry of controversy regarding its stake in remitting taxes to the U.S government. Besides, the offshore account maintained by Apple Company has led to serious criticisms and flurry of accusations. This essay focuses on the main reason why companies like Apple would wish to maintain offshore operations rather than refocus their operations in its domestic country.
Reasons for Offshoring
The main motto that is behind Apple’s decision ...
The effects of globalization, technology, increased competition and the desire by companies to remain afloat in their operations, has in the recent past compelled them to expand their operations across the world. A multinational company is therefore defined as a business entity that is structured so that its business is conducted or ownership is held across multiple countries located in different geographical regions. A multinational company may also be defined as an entity whose assets, sales or total operations are apportioned and deployed in various foreign locations. (Martineau, 2000, P.6) Examples of multinational companies include Diageo Plc, which is ...
Human Resource Management Issues
Introduction The human resource unit is perhaps the most dynamic one compared to virtually all the others. Majorly, this arises from the fact the human resource deals with the most important part of an organization and that is the employees. Therefore, there is a need for constant evolution in this area to ensure that the organization stays at par with the changing requirements of the employee. Specifically, various issues are of utmost concern to each agency. For instance, compensation and benefits for the employees are one of the most important areas that the human capital department deserves to pay ...
Management
The price is the main driving force in the marketing of any product. To attract the Chinese visitors, it is very important for the host country to reduce the accommodation prices for the visitors. The host country must provide the home alike environment to the Chinese visitors because they are from a different culture and have different living style. Therefore, the hotels or the local governments must arrange the cheaper accommodations for the Chinese visitors. Moreover, to provide the Chinese food in the hotel is not a problem for the hotels. Chinese visitors eat every type of food, but ...
The fundamental principles of utilitarianism are morality and the welfare of the majority. Utilitarianism believes that morality will make the world a better place to live in. Any act that produces a good consequence is considered as morally good. The nature or intention of the act is not important in utilitarianism. Human beings are expected to act in a manner that produces benefits to the majority. Utilitarianism places more emphasis on consequence and not on the intension. People are expected to put away self-interest for the sake of common good that benefits all. Common interests are given importance over ...
Sustainable Tourism
Introduction Sustainable tourism is a concept that was developed to scale the image of tourism a notch higher. Tourism revolves around many activities that are environmental, social, economic and culturally oriented and tourism poses both positive and negative impacts on the dimensions above. It is with these effects in mind that the concept of sustainable tourism emerged. The idea was to see tourism have minimal negative impacts on the said aspects and maximize the positive effects it causes to the given destination. The aim was to ensure that tourism contributes positive developments and experiences in the regions where tourism ...
Describe and critically evaluate the types of pay and reward systems a multinational company could adopt to remunerate expatriate managers.
Some of the major problems that may come across the way of expatriates while going abroad for the assignments include inter-cultural management, managing the social inclusion of expatriates in the host country, providing standard health benefits, security and education, utilities and incentives keeping the exchange rates, and national/international compensation scale in considering and also facilitating their re-entry within the home country after the completion of the assignment. Thus, the major concern for the multinational corporation is to find out ways that keep the expatriates motivate and retain for the optimal period of time (Reiche, 2011, n.d). There are some ...
Introduction
Lush is an organic cosmetic providing business that started its operations in 1994. The primary products of the company are directed at young women, and the core area of expertise is skin care products. Lush is a British company headquartered in Poole. The motivation behind the formation of the company was to use natural ingredients and organic materials for the production of handmade skin care products and essential oils. The company has thrived with this idea and now maintains a global presence in more than forty countries around the world. The firm has more than 650 stores and distributes ...
Internal and Environmental Factors
Whether a business is large or small, it is affected by both internal and environmental factors. The external factors constitute less to the idea of starting or running a business. Environmental factors ought to be included in a business decision to portray the standing of the company and create a precise picture of the market. If ignored, these outside factors could result to failed marketing and hence adversely affect the brand of the company.
Economy
Economies are the utmost environmental factors that have an impact to any business. The sales of products may be reliable and self-sustaining in business at ...
Wars and conflicts with countries and even between two or more of them could bring a lot of death, strife and hunger and many families suffer the least ideal consequences imaginable from the resulting outcomes. Apart from the obvious and the greatest loss, there is one more predicament, the impacts of which last over longer time periods and that is the problem of the people who have become displaced. We can call them refugees when they flee their country, and the same group of people becomes Internally Displaced Persons if they do not cross the borders of their country. ...
Abstract
This research looks into the introduction of new products and services to another county by a native Alabama country’s company. It is a paper which looks into the whole process of product introduction in the market, and the process of introducing the new products into the market. This research focuses on the Westervelt Company, based in Tuscaloosa, Alabama, in a process of introducing its new services to another country, that is, Canada. The research also looks into the whole process of marketing of the Westervelt products, as well as the entire process of the company’s management in ...
International Financial Management Assessment
International Financial Management Assessment
International Monetary Fund (IMF) is an international financial organization that works closely with member countries to foster global monetary cooperation, facilitate international trade, secure financial stability, reduce poverty and promote high employment and stable economic growths. Together with the World Bank, IMF was formed in 1944 during the Bretton Woods Conference, though it formally came into existence in 1945. The organization is headquartered in Washington DC. Member countries contribute funds to the IMF’s financial pool, and any country that experiences difficulties in its balance of payment can borrow the money (Conway 2006). Macroeconomic stabilization ...
Educational Institute
Necessary Management Skills Project Spring will be the infrastructure project that will enable Vodafone to implement its objectives in the coming years (Vodafone 2015). Management must exert a strong oversight function over the project management team that will lead this project. It must lend enough presence such that the project team can feel the priority assigned to this project. Strong customer orientation must be practiced as Vodafone will oversee the transition of millions of customers into a new experience under new technologies such as 4G ((Vodafone 2015). There must be both a strong understanding of the new technologies being ...
Introduction
Technology refers to information that can be used to accomplish a set task. Transfer is the movement of goods and information from one individual or corporation to another that did not have it originally. Technology transfer is, therefore, the flow of information and processes from a group that has a specialized technical skill to another that does not(Anderson & Anderson, 2010). Multi-national companies operate in different geographical and administrative regions to provide a common good or service to its large client base globally. These companies require the adoption of a viable technology transfer policy that will ensure that the ...
Understanding the Local Society in which Counterinsurgency Operations are conducted is Critical to Mission Success. Discuss. There has been a history in world political affairs when insurgency has forced single or joint counterinsurgency operations, organized in collaboration with the ruling government of that country to help it militarily to defeat insurgent forces. Before writing on counterinsurgency, we need to comprehend its meaning, which is an antonym of insurgency. According to Cambridge Dictionary Online, insurgency refers to a scenario when a country is taken control of by its people through the use of arms and ammunition, in other words, forcefully. ...
Human resource management (HRM) is tasked with the challenging undertaking of hiring and assigning individuals to roles that they can perform efficiently. In this context, having high knowledge on the effective strategies and policies for recruiting and training employees becomes mandatory. This is practical with the recruitment and management of expatriate managers due to the sophisticated nature of their work. Recruitment entails searching and getting potential job candidates in adequate numbers and quality to appoint the most suitable individuals to fill the desired positions. The selection includes the procedure for collecting information to inform the decision of deciding the ...
Coca-Cola Company
Coca-Cola Company is the world's leading beverage maker with operations in more than 200 countries worldwide. The parent company is situated in Atlanta, Georgia where it serves as the headquarters of the whole operation. The company is well known for the production and sale of its premier seller, Coca-Cola. The beverage is the world's most popular carbonated soft drink and is unrivaled regarding sales figures and worldwide distribution. The enterprise operates on a franchise basis in which it produces the syrup concentrate and hands this to the hundreds of bottlers around the world(Green, 2016). The company's flagship drink, ...
Bargaining power can be defined as the ability to define parameters in a negotiation, gain accommodations from other negotiating side, and tip the result of mediation to the preferred alternative (Dong, Zou & Taylor 101). Multinational firms and governments use their bargaining power to determine the degree of control of operations and desired outcomes that would be beneficial to either of them. A low bargaining power on either side would result in a low level of control regardless of whether each team preferred high control. Multinational companies derive their bargaining power from the ability to create more employment opportunities for ...
Modeling Exchange Rates
Oil price dynamics will have a bearing on the ability of multinational to precisely model the future exchange rates of the foreign exchange in the countries that they operate. In most instances, in order to manage the risk that the firm is exposed in the international business arena, especially on the foreign exchange rate, most multinational will hedge against the risks that are associated with fluctuations in the exchange rate thus minimizing the possible negative effect that a firm may experience (Jain, 2007). Therefore, in order to take a position in hedging facilities such as currency futures, the firm ...
International business is one of the main features of the global economy. The decision made by a firm regarding venture abroad involves the evaluation of the different alternative entry modes. This is done bearing in mind the degree of the risk and the suitability of the business environment that is in the potential region or country. Economic, political, cultural and other factors are all of the significant importance. BMW’s plant is situated in Spartanburg in South Carolina. The plant began its operations of producing automobiles in 1994. Due to the enormous success that the company had, there was ...
Introduction
Multinational companies refer to those that conduct their operations and have subsidiaries in at least one country other than their country of origin. The first MNC came into existence in the 17th Century; the East India Company was the first one. Since then, MNCs have grown to over sixty thousand today being fueled by growth in world economy, better business infrastructure, and globalization amongst other factors. The first generation of MNCs had multi-domestic, international and global MNCs. The distinguishing characteristic of multi-domestic MNC is their interest in entry in new markets while the international ones were based on technological ...
Most people realize that quality of life is improved with there are friends and family for support, feedback, and entertainment. As the lifestyles of many become more hectic and centered on careers and technology, consciously creating social connections may fall fairly low on the list of priorities. However, recent studies indicate that ties to other people not related to material gain are one of the most influential factors for predicting longevity, health, and happiness (Leung, Kier, Fung, Fung & Sproule, 2010; Rodríguez-Pose & von Berlepsch, 2013). Aside from the self-perception of being happy, there are other benefits attributed to the ...
Introduction
Human beings are social beings and hence necessitate societies to be formed. Co-relations in these societies has always proved hard and hence for members to co-exist peacefully with each other there need to be a set of guidelines. The society is held together by the moral fabric defined by the members which is based on their values, truths, norms, honesty or generally what is considered upright by the members. The society concept also applies to different professions practiced worldwide. Every profession has their own society, this cuts across from the most esteemed professions such as engineering or architectural to ...
Alliances commonly known as collaborations are mutual agreements between business entities to share resources and knowledge to expand their operations across borders. Following Globalization and liberalization of economic policies of many countries, accessibility of internal markets have become easier and all business conglomerates have taken the opportunity to gain entry into global markets and increase their business activities. The strategies formulated for entry into foreign markets varies from takeovers, collaborations, acquisition and mergers or setting up plants or retail outlets in other countries. Joint Ventures are preferred over independent establishments as expansion strategies as domestic partners are more familiar ...
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Abstract Multiculturalism is a concept discussed today in the scientific circles as well as among the public. In Canada, this topic generates heated clashes between the experts and community. As the analysis shows, it is a heated dispute where people are divided into two camps, those who advocate for diversity and their opponents emphasizing the need to revive the core Canadian culture. Both sides of the conflict agree that Canada has become one of the most multicultural countries in the world due to its politics of inclusion and loyalty to all cultures. The historical facts imply that multiculturalism in ...
1.2 Religion, Mega Events, and Tourism 1.2.1 Introduction This section seeks to discuss into detail the association and interrelationship between religion, mega events, and tourism. In essence, the section reviews some of the perspective, observations, and critiques of these three aspects by previous authors. Jafari (1988) acknowledges that sporting events such as the Olympic Games, FIFA World Cup, Expo, and other related competitions which mostly attract audience from every part of the globe play a significant role in determining the tourism patterns. Understandably, they provide tourism opportunities for the host countries bearing in mind that visitors flock into the ...
Epidemiology among Italian Americans
Epidemiology data that compared the deaths status of Italians and Americans found that leading causes of death for adults at both times were similar in Italy and the United States. For the past thirty years, the leading cause of death for the adult population for Italians in has been degenerative diseases, particularly cardiovascular disease and cancer. Studies of Italian-born immigrants in New York and Pennsylvania had relatively low death rates when compared to other groups (Mugnaioli et al., 2006). Italian males had the lowest death rate from all causes of any foreign-born group even lower than the native population. ...
Undoubtedly, managers need to have a specific set of abilities and skills to effectively perform their jobs. But what qualities set successful managers apart from mediocre ones? A manager might be an expert in his field or the smartest person in the company, but this is no guarantee of success. Specifically, to increase the productivity of employees, managers make use of their experiences, knowledge base, and perspectives; however, they also should be effective leaders to inspire others to share common goals. As a matter of fact, leadership is one of the four basic functions that constitute the management process. ...
Question 1
Migrants have faced a significant problem settling or rather adapting to their host countries. Nonetheless, there are different ways they can use to adjust to the host society, for instance, ethnic pluralism, assimilation, and transnationalism. Assimilation is whereby two distinct groups of people from different cultures merge to share a common culture. When migrants move to new countries, they have to assimilate with the natives by learning their culture and social life. On the other hand, there is pluralism whereby a group of people come together and decides to maintain their identity and culture. For the case of the ...
A trip to another country makes any person anxious, truly fascinated and eager to explore new territories cultures and habits. Everything seems to be different, unusual and gripping. At first, people are ready to accept all these changes and they are full of optimism and enthusiasm. They treat the process of adjusting to a new country as an amazing and adventurous journey. However, sooner or later the situation totally changes. People start to feel as outsiders and start to miss their native land. This period is called cultural shock. According to Kalervo Oberg “Cultural shock tends to be an ...
Introduction
The internationalization and the globalization have changed the business strategies from trading, exporting and investing to the incorporation of the alliances, managements, business activities and operations. The transformation is resulted in the impacts and affects the human resources and management practices. Now, the firms have the employees from different countries of the world. The global workers are mainly categorized into three types include host country employees, expatriates and third country nationals (Sims & Schraeder, 2005). The paper is going to argue about the pros and cons of the global talent and supporting the restrictions from the U.S. federal legislation for ...
Following the guidelines of the course ID guidelinesStudent’s NameUniversity
As the global economy is expanding daily basis, companies working on the global platform must have the luxury to manage the expatriates as well as the repatriates. Considering the increasing numbers of foreign assignments, most of the organizations need to send their best human resources to the foreign countries. Therefore, a fully encumbered expatriate package has been offered to the best of the businesses in order to complete the international assignment. But, most of the times, companies do not value the repatriation process to support an employee returning from a foreign country after finishing an international assignment (Reinhardt, 2012). ...
Introduction
Globalization refers to the integration of economic activities with local and foreign companies competing in the host country. It involves the liberalization of the markets so that trade can be conducted freely. It brings in technological advancement into a country and the customer benefits greatly since the transaction costs have been reduced.
Globalization has led to the increase of multinational corporations in the world market due to the liberalization of trade policies and practices. The spread of globalization is based on the capitalist theory of free trade. With globalization there are winners and losers. The bilateral and multilateral trade agreements ...