international human resource management (IHRM) in multinational companies, IHRM is progressively being accepted as a major determinant to success or failure in international business, in a highly competitive global economy, where the other factors of production are increasingly able to be duplicated, the caliber of the people in an organization will be the only source of sustainable competitive advantage. In this article I have started with introduction, in general of IHRM and have tried to highlight its
The world had become an international area and this caused many industries extend in their offer to also become worldwide. Development of the industries and company in globally needs to have recruitment of a multi culture people to work in each individual place. Selecting and recruiting the best staff is constantly the biggest challenge for the Multinationals Companies. It is essential to have a good staff as it is directly related with the performance of the staff which can have a big impact in
1. What forces have been driving the increased internationalization of business? Internationalization is the increased significance for corporations to foster international relationships and to create alliances in efforts to provide goods and services to different parts of the world. This is all in part to globalization. The text talks about the various forces that are driving this behavior; for instance, the reduction of trade barriers through trade agreements so that more goods and services