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Importance of Hr in Business

In: Business and Management

Submitted By gratiajugan
Words 1095
Pages 5
of HR
Running Head: Importance of HRM in International Business

Importance of HRM in International Business
[Name of Author]
[Name of Institution]
1- Outline Importance of human resource management is now globally recognized and business growth is related to better management of human capital of a company. The present research proposal, henceforth, sets ground to investigate the importance of managing, running, and stabilizing human resource in order for the growth of business. It aims to contribute to the existing research of human resource management (HRM) by organizing secondary sources and relating it specially to the expansion of business across borders that has come to be known as multinational companies operating in a number of different countries (INVESTOR, 2008). The paper also examines various facets and implications of across border business activities that aim to take place majorly due to HR issues such as mergers, acquisition, and so on (Chapman, 2001). Another important aspect of HR and business spreading over the international boundaries is cultural aspects of a specific region, country, or state that a business venture must come to recognized as a valid component. It is important to realize that in the flourishing of withering of a business local culture plays a decisive role. Related to this is the issue of workplace culture where, as in today’s global workplace, workers come from different cultures and backgrounds to work together. Hence it is highly critical to understand their individual status and address the issues of their cultural background in a way to make their capabilities more productive for a global business venture (Numerof & Abrams, 1998). Thus, the intended research is multidimensional and aims to address complicated issues with regard to international business and its stable growth from a number of aspects and issues....

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