Select an industry with which you are somewhat familiar Select an industry with which you are…

Select an industry with which you are somewhat familiar

Select an industry with which you are somewhat familiar [e.g., kitchen appliance manufacturing, personal care products, or after-market automobile parts]. (b) Identify three countries with which companies in your nation might establish a or subsidiary. (c) Assume your locally-based corporation has entered into joint ventures [shared equity and management partnership] in two of those countries, and has a wholly-owned subsidiary [i.e., no partner] operating in the third [your choice].  In both types of business relationships your company has employed a combination of expatriate [i.e., parent-country employees who have been employed in your local operations] as well as host country nationals [HCNs], and employees from at least one other third country [TCNs].

 Identify basic trends in the following aspects of the which might affect your business over the next two or three years while engaged in a partnership [international joint venture] or with a wholly-owned subsidiary doing business in the group of countries you are assigned. Cite your sources.EconomicSocial-CulturalPolitical-LegalTechnologicalMarketFrom your analysis, determine potential implications for HRM policies and practices.Using the outline below, prepare a 5-10 minute overview of your findings.Conclude by telling what additional information you would seek and what sources you might use.

 

BRIEFING OUTLINE

  Industry: ____________________ Group of Countries: _________________________

  Key Environmental Trends and HR Implications

 Environmental Factors and Trends                             

[list several key factors for each of the following]                       HRM Policy Implications               

[Identify HR policy implications associated with this and other factors/trends in the column to the left]Economic Conditions

 

 

                                                                  Social-Cultural

 

 

  Market/Competition Changes

 

 

  Technological Changes

 

 

  Political-Legal Conditions

 

 

  

  What additional information would you seek, and name some potential sources.

 

 

 

 

 

 

…………….Answer Preview……………….. Industry: Automotive Industry. Group of Countries: Brazil, Germany and India Key Environmental Trends and HR ImplicationsEnvironmental Factors and Trends

[list several key factors for each of the following]                   HRM Policy Implications    

[Identify HR policy implications associated with this and other factors/trends in the column to the left]Economic Conditions

Brazil- sluggish economy and reduced rate of growth for the economy.

          -average cost of doing business         compared to other economies in southern America.

Ger

                                                  

Sluggish economy may cause a struggle for the best paying jobs that people can get

Will help in making sure recruitment of as many staff as they are needed.

A developed econ

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