Answered: - INTERNATIONAL HUMAN RESOURCE MANAGEMENT ENVIRONMENTAL SCANNING

I am in need of some assistance with an assignment I have. I have attached the exercise. Any help would be greatly appreciated.

INTERNATIONAL HUMAN RESOURCE MANAGEMENT

 

ENVIRONMENTAL SCANNING EXERCISE

 

1. (a) 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 partnership 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].

 

2. Identify basic trends in the following aspects of the business environment which might affect your business

 

over the next two or three years while engaged in a partnership [international joint venture] or with a whollyowned subsidiary doing business in the group of countries you are assigned. Cite your sources.

 

Economic

 

Social-Cultural

 

Political-Legal

 

Technological

 

Market

 

3. From your analysis, determine potential implications for HRM policies and practices.

 

4. Using the outline below, prepare a 5-10 minute overview of your findings.

 

5. Conclude by telling what additional information you would seek and what sources you might use.

 

BRIEFING OUTLINE

 

1. Industry: ____________________ Group of Countries: _________________________

 

2. 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

 

 

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

 

 

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