Question

QUESTION 9 What unique features bring the managing of human resources in interational business? What should be the appropriate proactive preparations? Provide Examples

Answer 1

The International Business involves a diversified range of issues, from globalization and its impacts on humans in societies and state sovereignty to ecological sustainability, human and economic development, nationalism, nuclear proliferation, terrorism, human security and human rights. The control environment, as established in the international business, sets the tone of an institution and influences the control consciousness of its human resources. The managers of each department, activity or area establish a local control environment. It is the primary foundation for all other components of internal control that provides discipline and structure in the company. The appropriate proactive preparations include:

-- Integrity and ethical values

-- The commitment to competence

--Board of Directors and Audit Committee

--Leadership philosophy and operating style

--Organizational structure

--The way the management assigns the authority and responsibility

--Policies and procedures of Human Resource