HRM IN GLOBAL MARKETS

HRM in Global Markets

Factors that affect HRM in global markets

Introduction

Countries are different along a number of elements that influence the pleasant appearance of direct foreign investment in each country.

Culture

Education-human capital

Political-legal system

Economic system

Culture

The most significant element influencing international HRM is the culture of the country in which a facility is settled.

Culture is defined as the set of important assumptions (often unstated) that members of a community share.

These assumptions comprise of impressions about the world as well as how it works and the ideals that are worth striving for.

Culture is important for HRM for two reasons:

The first frequently finds ...