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The purpose of this assignment is for you to analyze multinational corporations (MNCs) to make employment decisions (i.e., do you really want to work for this organization or corporation based on the...

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The purpose of this assignment is for you to analyze multinational corporations (MNCs) to make employment decisions (i.e., do you really want to work for this organization or corporation based on the information you discover?) and to assess the human resource practices used in international business. This assignment will allow you to apply concepts learned in this unit and enhance your research, analysis, and decision-making skills as an international manager.

First select a global industry that
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Answered 1 days After Mar 18, 2023

Solution

Dipali answered on Mar 20 2023
34 Votes
WRITTEN ASSIGNMENT        7
WRITTEN ASSIGNMENT
Table of contents
Introduction    3
Analysis of Political, Legal/Regulatory, and Technological Factors    3
Sources for Organizational Management Positions    3
International Job Listing and Selection Criteria    4
Impact of Culture and Global Business Environment    4
Culture-Specific Training and Professional Development    4
Motivational Processes and Factors    5
Alignment of Values, Cultural Competence, Ethics, and International Business Best Practices    6
References    7
Introduction
The global industry that interests me is the automobile industry. One of the largest multinational corporations (MNCs) in this industry is Toyota Motor Corporation. Toyota is a Japanese automobile manufacturer that produces a wide range of vehicles, from compact cars to luxury vehicles. The company has operations in different regions of the world, including North America, Europe, and Asia. Toyota's mission is to provide safe, efficient, and innovative vehicles that meet the needs of customers worldwide.
Analysis of Political, Legal/Regulatory, and Technological Factors
Political, legal
egulatory, and technological factors significantly affect Toyota's human resource management efforts. In terms of politics, Toyota must comply with the laws and regulations of the countries where it operates. This compliance includes adhering to labor laws, anti-discrimination laws, and environmental regulations. Toyota must also adapt to different political systems, including democracies and authoritarian regimes, and navigate different cultural norms and expectations.
In terms of legal and regulatory factors, Toyota must ensure compliance with different labor laws, including minimum wage laws and regulations regarding working hours, employee safety, and workplace discrimination. In some countries, Toyota may also need to adhere to specific regulations related to unionization and collective bargaining. Technological factors also play a significant role in Toyota's HR management efforts (Creswell, 2019). Toyota must adapt to emerging technologies and use them to enhance its HR management practices, such as recruitment, training, and employee engagement.
Sources for...
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