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Task 1 You are the HR Consultant for your chosen company. In todays competitive world, MNCs adapt several strategies like merging or acquiring a firm or opening up a wholly owned subsidiary etc. to enter a global market. a. Identify and discuss the complexities involved in entering a global market.
b. Propose one possible international developmental strategies that your chosen MNC might adopt in any two countries of your choice. Evaluate the benefits & limitations of your proposed strategy and discuss how the HR functions could be affected by implementing it within your proposal
(Support your answer with relevant International HRM theories and model) Task-2 Cross cultural training should be provided by MNCs including general knowledge about the country and essential tips on behaviour and sensitive issues. a. Evaluate any country of your choice using ideas from Hofstede’s model of Cultural Dimensions or other sources to prepare a short report on that country for future expatriates. b. Highlight the issues of cultural shock to discuss what measures should be taken to prepare and motivate an expatriate employee for a new overseas assignment. Support your discussion by evaluating different types of reward & compensation practices that could be offered to motivate an expatriate for a new overseas assignment.
(Support your answer with relevant International HRM theories and models) Conclude your report with overall findings arising from Task-1 and Task 2 and make any relevant recommendations that would improve their practice
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