The issue of globalization on a human resource management perspective Term Paper

The issue of globalization on a human resource management perspective - Term Paper ExampleFrom this research it is light up that there has been a growing relationship amongst the cultures, economies, and people in the world. Coupled with advancement in technology, interaction has been steadily increasing in the current world. Thus, the people, cultures, and economies be increasingly becoming interdependent of each for their continued survival. This is globalization with the world effectively becoming a big global village. According to Sparrow, Brewster, and Harris however, globalization is a process whereby markets and production in different countries become increasingly interdependent due to the dynamics of trade in goods and services and flows of capital and technology. In this case, the customers fate for similar commodities and services drive the globalization of markets. With globalization of markets, a scrap in striking a balance between universal tendency in human resourc e management and the influence of different national cultures arises. Therefore, this expose elucidates the issue of globalization on a human resource management perspective. Edwards and Rees illustrious that, globalization necessitates attention to more than conducting business across national borders but also entails expanding competition for almost every type of organization presenting management with the challenge to operate in diverse cultural settings. In this regard, the global economy requires a company to exploit its human resources effectively through effective prep in order to gain a competitive edge over its competitors. Therefore, human resource managemen