Some domestic companies are considering taking advantage of globalization and moving abroad or opening a subsidiary in a foreign country. Discuss two to three important issues faced by a domestic corporation that should be addressed when creating a transnational business strategy, including the role of human resources in this process.
Your initial posting should be well researched, at least 300 words. Your initial post must meet APA guidelines and include at least one scholarly reference from course materials.
Please read carefully 300 + words
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On the other hand, the role of the human resource may create a challenge in the process of implementing the transnational business strategy. The corporation may face issues in dealing with the current and new staff both in the home country and the new state. In addition, the company may lack adequate and suitable expertise outside their own country and this may require the corporation to partner with a local company. The human resource policies may be different and strict across certain national borders thus making it difficult for the business strategy to succeed. Various issues may arise since the new human resource roles will need significant investments and yet competition may be experienced in the process of recruiting new
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