The functional areas in global human resource management are ...

[laurencescou]

The functional areas in global human resource management are unlike those in domestic human resource management because of cultural and economic differences around the world.
 
  Indicate whether this statement is true or false.

Question 2

What is a global corporation? Explain the staffing approach commonly used by global corporations.
 
  What will be an ideal response?

[ebe]

Answer to Question 1

Answer: FALSE

Answer to Question 2

Answer: Many firms have evolved beyond being multinational to becoming global corporations, an organization that has corporate units in a number of countries that are integrated to operate as one organization worldwide. The global corporation operates as if the entire world were one entity. Global corporations sell essentially the same products throughout the world with components that may be made and/or designed in different countries. Expectations are that as the world becomes more globally open, the globalization of corporations will become much more commonplace. Geocentric staffing is a staffing approach that uses a worldwide integrated business strategy. The firm attempts to always hire the best person available for a position, regardless of where that individual comes from. The geocentric staffing model is most likely to be adopted and used by truly global firms. Usually, the corporate human resource function in geocentric companies is the most complicated, since every aspect of HR must be dealt with in the global environment.