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