Introduction to Global Business

Page 294

G lo b al St r ateg i c H u m an Re s o u r ce Manage m ent

271

or group rather than on their individual job performance. Workers in such countries may expect the community to help take care of them, just as they expect to contribute to taking care of others. 11-1-2d Masculinity/Femininity This dimension is not to be confused with male dominance or women’s rights; instead it relates to values that are traditionally associated with one gender or the other. Highly masculine cultures place a high value on things like competition, assertiveness, and achievement. Japan, Austria, and Mexico are among the most masculine cultures. Other countries, such as Sweden and Norway, are at the feminine end of the scale, putting high values on things like care for the weak and relationships. Workplaces in more feminine countries, for example, may be likely to have more liberal policies regarding sick days, disability pay, and parental leave than those in more masculine countries. 11-1-2e Long-Term/Short-Term Orientation This factor involves the extent to which members of a given society value long-term planning and looking to the future as opposed to a more immediate short-term perspective. Many Asian countries, such as China and Japan, have this kind of orientation. In contrast, a much more shorter-term orientation exists in the United States and Britain. Workplaces in longer-term-oriented countries may place greater emphasis on worker retirement savings programs and pensions than those in the United States. When we consider these dimensions of cultural differences, it is easy to see how they have a tremendous impact on the conduct of international HRM and the appropriateness of given HRM practices in certain countries. For example, it may be difficult to implement highly stratified compensation packages tied to individual performance in more collectivist-oriented countries. In such countries, compensation structures based on team performance or seniority may be far more effective. Multinational corporations managing operations around the globe need to be keenly aware of these issues, particularly with respect to moving employees from one country to another. For example, an executive who grew up and worked most of his or her life in a high power distance country like Mexico or Japan will be used to being addressed as “Mr.” or “Ms.” This executive may have trouble adjusting to an executive role in a low power distance country like Denmark or the Netherlands where all employees call each other by their first names. At the very least, good strategic HRM makes sure that executives making such transitions are well trained with respect to the cultural values in their new home country.

11-1-3 R egulatory Issues Including Immigration and Border Security Countries around the globe have vastly different regulatory legal-political systems and structures that govern the conduct of HRM. As we will see later in this chapter, some of these regulations pertain to the ability of employees to form labor unions and engage in collective bargaining. In Canada, for example, labor relations are basically regulated at the provincial level (e.g., by the province of Ontario) rather than at the national level. Such provincial regulation generally makes it considerably easier for employees to join labor unions than does the federal regulatory scheme pertaining to labor relations that exists in the United States. With respect to employee working hour regulations, in 1998 France instituted its wellpublicized 35-hour work week. France began its experiment with a shorter workweek with the idea that it would help lead to employers hiring more workers, thus reducing the country’s chronically relatively high unemployment rate.5 There was some evidence that such job creation did initially take place, and other countries began at least partially emulating the Copyright 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.


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15-5b Evaluating Trends

2min
page 403

15-2d Differences Between U.S. GAAP and Selected Countries

13min
pages 397-401

15-5a Financial Ratios

2min
page 402

15-2a U.S. GAAP

2min
page 395

14-3d Government Financing

5min
pages 375-376

14-4b The Cost of Capital: Domestic Versus Global

6min
pages 380-381

14-2-1 Futures Contracts

6min
pages 365-366

13-5b The Role of Information Technologies

30min
pages 353-364

14-3c International Stock Markets

5min
pages 373-374

13-4c Relocation of Production Facilities

1min
page 351

13-4b Location of Production Facilities for Products

3min
page 350

13-4a Location of Production Facilities for Components and Raw Materials

3min
page 349

12-6d Transfer Pricing

31min
pages 330-342

13-3a Advantages of Making

2min
page 347

13-2c Outsourcing and Insourcing

8min
pages 344-346

12-6c Dumping

3min
page 329

13-3b Disadvantages of Making

3min
page 348

12-5b Physical Distribution

8min
pages 325-327

12-5a Channels of Distribution

2min
page 324

12-3c Where to Locate Research and Development Facilities

2min
page 320

11-4c Comparative Labor Relations

14min
pages 305-312

12-4b Sales Promotion

3min
page 322

12-3b Managing Existing Products

2min
page 319

11-2a Virtual Staffing

3min
page 297

12-4c Publicity

2min
page 323

11-1-3 Regulatory Issues Including Immigration and Border Security

5min
pages 294-295

11-1-4 Outsourcing and Offshoring

1min
page 296

10-4a Functional Structure

2min
page 271

11-1-2 Cultural Issues and Differences

5min
pages 292-293

10-4b Divisional Structure

6min
pages 272-274

10-4d Matrix Structure

25min
pages 277-290

11-1-1 Statistical Overview

2min
page 291

10-4c Hybrid Structure

3min
pages 275-276

10-3a Creating an Export Department

2min
page 269

9-5b Organizational Change

27min
pages 257-268

9-4-2 Interpersonal Controls

1min
page 252

9-4-3 Output Controls and Measurement

8min
pages 253-255

9-3a Impediments to Coordination

3min
page 249

9-1a Mission Statement

3min
page 243

9-4-1 Bureaucratic Controls

3min
page 251

9-3b Knowledge Management and Systems

3min
page 250

9-5a Types of Organizational Culture

2min
page 256

9-1b Shareholders Versus Stakeholders

6min
pages 244-246

8-3b Cost-Minimizing Strategies

3min
page 228

7-6b Computer Security of Accounting Information

17min
pages 209-217

8-1f Cross-Border Mergers and Acquisitions

2min
page 223

8-3a Revenue Maximizing Strategies

5min
pages 226-227

8-3c Risk Minimizing Strategies

3min
page 229

8-3d Dunning’s Eclectic Theory of Foreign Direct Investment

6min
pages 230-231

7-4a Enron

2min
page 199

7-6a Foreign Corrupt Practices Act

4min
pages 207-208

7-3a Rules, Policies, and Guidelines

2min
page 196

7-3b Ethics Codes at Selected Companies

5min
pages 197-198

7-2a Ethics and Economics

3min
page 193

6-5c Copyrights

18min
pages 185-192

6-4g Dispute Settlement Law

5min
pages 181-182

6-4d Tax Law

3min
page 179

6-4a Legal Systems

4min
pages 176-177

6-3c Corruption

3min
page 174

6-3a Econimic Risks

3min
page 171

6-3b Political Risks

4min
pages 172-173

6-2c Capitalism

3min
page 170

5-6d Communication

19min
pages 159-168

5-6c Advertising Campaigns

3min
page 158

5-6b Product Development and Management

2min
page 157

5-6a Management Styles

2min
page 156

5-5a Cultural Dimensions of Doing Business in Japan

2min
page 152

5-2a Language

2min
page 141

4-4b Interest Rate Parity

29min
pages 128-140

5-2b Religion

3min
page 142

5-3d Gannon’s Cultural Metaphors

2min
page 151

4-4a Purchasing Power Parity

5min
pages 126-127

4-3e Hard and Soft Currencies

3min
page 125

3-2b Major Classes and Characteristics of Regional Integration

18min
pages 88-95

2-4b Geopolitical Rationale

24min
pages 74-83

3-1b Pros and Cons of Regional Integration

4min
pages 85-86

3-2a Steps to Regional Integration

2min
page 87

4-1b The Financial Account

5min
pages 116-117

2-3b Nontariff Barriers

7min
pages 71-72

2-4a Socioeconomic Rationale

3min
page 73

2-3a Tariffs, Preferential Duties, and Most Favored Nation Status

3min
page 70

1-6a Job Losses and Income Stagnation

2min
page 46

2-2a Wealth Accumulation as a Basis for Trade Theory: Mercantilism

3min
page 63

1-6b Sustainable Development and Environmental Degradation

4min
pages 47-48

1-7a Globalization’s Winners and Losers

1min
page 49

2-2b Specialization as a Basis for Trade Theory: Absolute and Comparative Advantage

5min
pages 64-65

1-5d How Countries “Leapfrog” into the Internet and Cell Phone Era

3min
page 45

1-5c The Digital Divide Myth

1min
page 44

1-2b The World Bank

2min
page 35

1-2c The World Trade Organization

2min
page 36

1-4b Competitive Markets

3min
page 41

1-3b Transparency of Political Institutions

1min
page 38

1-1b Decoupling and the Move to a Multipolar World Economic Order

5min
pages 31-32

1-2a The International Monetary Fund

5min
pages 33-34

1-3a What Is Institutional Structure?

2min
page 37

1-3c Adaptive Institutions to Strengthen Public Participation

1min
page 39
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