The Global Context for HRM
Globalization Globalization is the process in which people, ideas, and goods spread throughout the world spurring more interaction and integration between the worlds cultures, governments and economics. The term is more frequently used in reference to create and integrated global economy marked by free trade, the free flow of capital and corporate use of foreign labor market to maximize returns. However, some use the globalization more broadly applying it to the movement of people, Knowledge and technology across international borders: Some also apply it to the free flow of cultural, environmental and political discourse. Global Context to HRM With the impact of globalization have ceased to be local they have become global. This caused to increase the workplace diversity and cultural sensitives and these reason led to the development of global HRM. Objectives of global HRM Few additional objectives apply for global HRM *Create a local appeal withou...