About This Chapter
Management & Human Resources in International Business - Chapter Summary
Review the lessons in this chapter to understand the roles of human resources and management in international businesses. You'll begin by identifying international management functions and the characteristics of international managers. Our expert instructors then cover the approaches and challenges of international human resource departments. You're encouraged to take the accompanying lesson quizzes to make sure you fully understand these international HR and management topics. By the end of the chapter, you'll be able to:
- Describe managerial functions in international organizations
- Understand how international companies are managed
- Recognize the characteristics of international managers
- Know how human resource personnel interact with host, parent and third-country nationals
- Identify approaches to global staffing
- Assess human resource issues in international business
1. Managerial Functions in the International Organization
Every manager focuses on five different aspects of management. These aspects are common knowledge and when used together, they help to create an effective manager. This lesson will address those areas and integrate them into international business.
2. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
3. Characteristics of the International Manager in Global Organizations
Managers need to be able to plan, control, organize, and lead their companies and departments. When we look at international business, there are some additional aspects that come into play for a manager to be successful.
4. Human Resource Interactions with Host, Parent & Third-Country Nationals
Employee relations are guided by human resource (HR) management professionals, and the global environment makes doing this more complex. In this lesson, we'll see how HR professionals interact with employees across the globe.
5. Global Staffing Approaches: Ethnocentric, Regiocentric, Polycentric, and Geocentric
Human resource management professionals working for global organizations often have unique staffing choices. In this lesson, you'll learn about ethnocentric staffing, regiocentric staffing and geocentric staffing. A short quiz follows.
6. Human Resource Issues in International Business
From a business perspective, national boarders are disappearing, giving way to free trade agreements and open economies. In this lesson, we'll talk about how that presents new opportunities and challenges for human resource managers.
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Other chapters within the Business 120: International Business course
- Introduction to International Business
- How Culture Affects International Business
- Global Economic Development
- Key Factors in International Trade
- International Trade Management & Regulation
- Exchange Rates & Currency Changes
- International Market Entry Strategies
- International Operations Management
- Global Marketing and R&D Strategies
- Communication & Decision-Making in Global Business
- Impact of Globalization on Organizations
- Impact of Globalization on Countries
- Global Business Ethics
- Future of Globalization
- Studying for Business 120