International human resource management, HR Management

International Human Resource Management

ACN Inc is a UK based company who wishes to expand in other markets. The company offers wide range of products. Presently it is centralized to UK but wishes to expand its operations to India or Srilanka.

To chose out of the two countries the external environment analysis of two countries has been carried out with the help of Pestle analysis.

  • Political situation- of India is much better than that of Srilanka. Srilanka has been in war with LTTE since 30 years due which there has been exploitation of resources of the country. India is a democratic country with a stable political scenario but suffers from corruption and bureaucracy. But with the strong ruling government, these issues have been handled drastically.
  • Economic situation- as compared to Srilanka, the economic situation of India is much better. The country was not affected by global crisis. Also it offers huge investment opportunities to the foreign investors and business developers.
  • Social factors- social situation is almost the same with same literacy and poverty rate. Since Srilanka has less population so it offers more employment opportunities.
  • Technological factors- the state of Indian technological environment is very enthusiastic as it has become the second country to use internet for e-commerce and e-education. Srilanka on the other hand is also not far behind as it is using technology in every sphere.
  • Legal factors- of both the countries is absolutely the same. It is complex and rigid and very old. Srilankan govt. has done little to update its legal structure as compared to India who continuously is taking steps to improve the legal scene.
  • Environmental factors- environment of both the countries suffers from pollution, soil erosion, climatic changes. But since Srilanka is situated by water on all its sides it is on a more danger side because of the eruption of tsunami or coastal erosion. India does not suffers from any such limitation. Indian govt is doing its bit to save the environment.

Cultural factors- the cultural practices of both the countries is quite similar except for some minor differences. However they are in complete contrast with respect to UK business norms.

Compensation benefits of both the countries is similar but different from UK economy. Allowances which enjoy tax exemptions India and Srilanka are taxable in UK.

India has a huge pool of untapped human potential. Indian managers have made their way and name in the international market. Also India is very flexible in adjusting to the demands of others. The country offers huge scope and resources for business development. In the coming future it is anticipated that the without India the overall global economic growth of other countries will slow down. Hence it would be vital to invest.

Posted Date: 3/16/2013 1:28:48 AM | Location : United States







Related Discussions:- International human resource management, Assignment Help, Ask Question on International human resource management, Get Answer, Expert's Help, International human resource management Discussions

Write discussion on International human resource management
Your posts are moderated
Related Questions
Objectives After reading this unit you should be able to: 1. List means of communication stating when each would be appropriate, 2. Recognize and produce suitable written

QUESTION 1 "Clients learn a lot about themselves in successful counselling. It may not always be what they want to hear, and they often need help in facing up to it and moving

Question : E-learning enhances learning by extending and supplementing face-to-face learning rather than replacing it. It enables learning to take place when it is most needed

Define knowledge management from an information system perspective. KM refers to managing the knowledge of individuals to be used as an organisational resource. From an informa

Define the Age and Gender Difference in Communication Process Age differences Are older people highly respected (Asian) ; or youth emphasized (US) - where older colleagu

effective human resource management depends upon sound reward system

Spiritual Leadership Leadership with a spiritual focus is becoming sought after by organization who realize the value of spirituality in the workplace. Various models of spiri

INTRODUCTION : In modern days an office acts as information centre. It is a place where information is collected, processed, stored and made available for the conduct of various a

specific steps that could be taken to minimize the impact implementing these alternative approaches

in Lewis Carroll''s poem "Jabberwocky," which words have the same meaning pattern as "frumious bandersnatch"? Answer all mimsey mome raths and burbled the jaws that bit