Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. what value is there to understanding the factors d

What value is there to understanding the factors driving standardization versus localization of HR policies, processes, routines,...

50.1K

Verified Solution

Question

General Management

What value is there to understanding the factors drivingstandardization versus localization of HR policies, processes,routines, procedures and practices?

Answer & Explanation Solved by verified expert
3.7 Ratings (298 Votes)
The value of understanding the factors driving standardization versus localization of HR policies processes routines procedures and practices can be derived from the fact that the strategic decisions in a global market place have become increasingly complex A global industry is one which competition crosses national borders the strategic moves of a MNC in one country can be significantly affected by its competitive position in another country Examples are found in aircraft making automobiles computers durable electronic consumer goods Hence in international management an Organization attempts to undertake various global strategies in order to expand its horizon to the Global markets Accordingly there are four types of main strategies as under International strategy Localization strategy Global Standardization ie cost leadership strategy Transnational strategy In terms of Standardization versus Localization the value of understanding these two strategies is very essential in defining    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An agency offers preparation courses for a graduate school admissions test to students. As part of...

Statistics
Q

1. To be accurate in measuring blood pressure, a person should not drink coffee and smoke...

Medical Sciences
Q

A cylinder fitted with a piston has an initial volume of 0.1 m3 and contains nitrogen...

Chemistry
Q

In a three-point balancing test without phase the values for the original vibrations are V0=10 mm,...

Mechanical Engineering
Q

Required Information [The following Information applies to the questions displayed below Wernerwoods Company uses a...

Accounting
Q

HI, I NEED HELP WITH THIS BOTH WAY DIRECT AND INDIRECT. THANKS Part...

Accounting
Q

One beneficial characteristic of a proprietorship is: that the owner also manages the business....

Accounting
Q

Required information E7-6 through E7-10. [The following information applies to the questions displayed below.) Morning...

Accounting
Q

Kansas Enterprises purchased equipment for $75,000 on January 1, 2021. The equipment is expected to...

Accounting
Q

El Dr. George E. Beeper es un contribuyente soltero nacido el 22 de septiembre de...

Accounting
Q

The price of a stock is $76. A trader buys 1 call option contract on...

Finance
Q

How would you calculate the retained earnings of this?March Transactions

Accounting