Subsidiary Country
As more organizations operate in various countries throughout the world, human resource professionals are becoming involved with the expansion of global corporations. All these expansions must be planned, managed, and executed. In addition, corporate goals and objectives must be balanced with local customs and labor laws.
This week, for this assignment, you will select your foreign country and examine how local factors within that country determine and affect an organization’s expansion.
Prior to beginning work on this assignment,
• Research companies that have expanded globally. Try to find information on their globalization efforts and HR strategies.
• Select a foreign country to use for your assignment this week and throughout this course.
• Research information on your selected foreign country, such as its culture and related business practices.
• Read MTE Corporation Announces Major Asia Pacific Expansion (Links to an external site.). MTE is a good example of a company that has expanded globally.
In your paper,
• Summarize the social and business elements of your selected foreign country.
o Include items such as the demographics of the people and society, the government, the economy, communications, and education.
• Analyze how ethnicity, race, gender, sexual orientation, national origin, and disability impact those social and business elements.
• Evaluate the business factors necessary to work and manage effectively in your selected country’s environment.
o For example, business factors may include politics, economics, culture, legal system, and so forth.