International Trade Question
ESSAY: Human capital is a company asset, but it’s not listed on the balance sheet. Human capital is all of the creative skills, knowledge, talents, and abilities that embody employees.
Explain the unique characteristic of human capital for the right fit for International Human Resources Management operations of hiring expatriates.
Define ALL four ERPG Model of ( 1) ethnocentric, (2) geocentric, (3) polycentric, and (4) regio-centric/region-centric staffing approaches with the ability to adapt to different cultures in foreign environments. What are the strategies and challenges?
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Write 4-5 FULL pages of text with 4-5 references in APA Format using the most recent data.
No Wikipedia, BLOGS with ads from yahoo.com or google.com, UKEssay.com; www.buzzle.com; study.com or site that challenge as they present a biased opinion. REFERENCES WILL BE PROVIDED
Requirements: 4-5 pages
Books Chapter 19 mainly. and chapter 9.
References;
Here are references and videos to assist you in understanding the content matter for your research. However, you may still conduct your own research!
Videos and References
Who are BRICS Countries?
YouTube URL: http://www.youtube.com/watch?
USA vs BRICS
YouTube URL: http://www.youtube.com/watch?
Influence of BRICS Nations
YouTube URL: http://www.youtube.com/watch?
BREXIT Explained
YouTube URL: http://www.youtube.com/watch?
Trade After Brexit
YouTube URL: http://www.youtube.com/watch?
What Could Brexit Mean?
YouTube URL: http://www.youtube.com/watch?
Managing in a Global HRM
Watch Video
YouTube URL: http://www.youtube.com/watch?
Managing Global HRM
YouTube URL: http://www.youtube.com/watch?
HR in 21st Century
YouTube URL: http://www.youtube.com/watch?
Global HRM
Watch Video
YouTube URL: http://www.youtube.com/watch?
References
Harzing. A,. Pudelko. M,. & Reiche. S. (2016). The bridging role of expatriates and inpatriates in knowledge transfer in multinational corporations. Human Resource Management. 55, 679-695.
Hill. C., & Huit. T. (2017). International Business: Competing in the Global Marketplace. McGraw->Hill Education. New York, New York.
Cole. N. & Nesbeth. K. (2014). Why do international assignments fail? International Studies of Management & Organization. 66-79.
Hunt, E. (2014). An HR conundrum: Talent attraction and retention abroad. Baylor Business Review, 32(2), 38-43.
International Recruitment -Ethnocentric approach- Polycentric approach- Regiocentric approach- Geocentric approach. (n.d.). Retrieved from http://www.
Isidor, R., Schwens, C., & Kabst, R. (2011). Human resource management and early internationalization: is there a leap-frogging in international staffing?. International Journal of Human Resource Management, 22(10), 2167-2184. doi:10.1080/09585192.2011.
Popovski, V., Popovska, M. B., & Jovcheska, S. (2014). Factors ranked by expatriate managers for successful implementation of international tasks. Economic Development / Ekonomiski Razvoj, 16(3), 1-12.
Ahmed, F., & Akram, S. (2016). International human resource management: Policies and practices for multinational enterprises. South Asian Journal of Management, 23(2), 154-158. Retrieved from https://search-proquest-com.
Popa, C., Reczey, I., & Quansah, D. (2015). The international human capital and the global competitiveness. Scientific Bulletin “Mircea Cel Batran” Naval Academy, 18(2), 60-63. Retrieved from https://search-proquest-com.
Sekiguchi, T., Jintae Froese, F., & Iguchi, C. (2016). International human resource management of Japanese multinational corporations: challenges and future directions. Asian Business & Management, 15(2), 83-109. doi:http://dx.doi.org.prx-
Zhong, Y., Zhu, C. J., & Zhang, M. M. (2015). The management of Chinese MNEs’expatriates. Journal of Global Mobility, 3(3), 289-302. Retrieved from https://search-proquest-com.
Answer previewThe world is increasingly becoming integrated, and the global business sector is undergoing tremendous transformations, especially in the human resource sector (Hill & Huit, 2017). Different factors have contributed to international cooperation between countries, organizations, and individuals. Human resources form the core of every organization’s operations. Most organizations worldwide have embarked on aggressive campaigns to develop their human capital (Hill & Huit, 2017). They aim to increase their competitiveness in the market in terms of innovation and workforce efficiency capabilities. Due to the growing cooperation and integration of world relationships, organizations are increasingly hiring expatriates that offer specialized services that are scarce in the local labor market (Hill & Huit, 2017). The EPRG framework demonstrates the relationships and performance of organizations on the global stage(1295words)