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HUMAN RESOURCES MANAGEMENT  

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HUMAN RESOURCES MANAGEMENT MODULE ONE ASSESSMENT The lack of attention to international human resources management has cost many millions of dollars to MNCs and yet this has been a neglected area in the profitability equation. Explain the assertion under the following headings: TABLE OF CONTENTS Introduction The International manager Management Recruitment and Selection Process Management training Foreign Posting Compensation Manpower Differentials in Foreign Markets Repatriation Summary Induction Few executives would argue with the fact that people are vital for the effective operation of a company. Managers often say that people are their most important asset. Yet the human assets are virtually never shown on the balance sheet as a distinct category, although a great deal of money is invested in the recruitment, selection, and training of people. Recent theoretical work in business strategy (Patrick, 1998) has given a boost to the prominence of human resource (HR) in generating sustained competitive advantage. The world is becoming far more competitive and volatile than ever before,...

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