GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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costs of business going down
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no restructuring
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globalization
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lack of new technology
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Detailed explanation-1: -A positive impact of globalization on human resource management is that companies need not restrict themselves to specific locations while hiring. Thanks to robust internet facilities, online meeting platforms, and rising work-from-home opportunities, companies can hire the best candidates worldwide.
Detailed explanation-2: -Globalization. A growing trend toward globalization is one of many business trends that affects HR management activities.
Detailed explanation-3: -Globalization has a most important implication for human resource management practice in general. For some, globalization creates pressures for taking best, a transferable set of HRM practices that can spread around the world. It is a force that touches the lives of people living in all countries of the world.
Detailed explanation-4: -The most common obstacles to effective HR management are cross-cultural adaptation, different organizational/workforce values, differences in management style, and management turnover. Doing business globally requires that adaptations be made to reflect these factors.