Sunday, November 17, 2019

Human Resources and the Use of Expatriates Research Paper

Human Resources and the Use of Expatriates - Research Paper Example Furthermore, the ever increasing clamor to mind the working conditions of the expatriates living outside their home countries and in the protection of host countries has been especially resonant with the preponderance of dissatisfaction and failure of MNCs to penetrate local markets. But then again, the fact remains that the age of globalization has called for the immediate expansion of business enterprises through a massive branching out process, there appears to be no stopping the affair in the near future. As such, the number of expatriates may be expected to balloon as more and more corporations will join the bandwagon towards globalization. What then remains to be done is to establish a well-regulated system of expatriation that will govern the process for years and years to come. Modern globalized economies have seen it fit to perfect capital expenditure strategies and marketing and advertising techniques to a mindless and robotic insistence. That is, as much variants as these coefficients may throw an entrepreneurs way, they seem to be able to field all pitches and bat out an eventual homerun. With the cutthroat environment that the globalized market has seen fit to establish, skill, education and even technical know-how appears to be less and less of an advantage. In this regard, corporations have considered it as a necessary business objective to not only develop vertically but horizontally, as well. This entails a rabid approach to corporate expansion by seeking ways to concentrate on the establishment of either branches or field offices in other regions or by entering into other related trade. This is in direct contrast to the traditional concept of corporate advancement of mainly improving and sustaining the current business by enacting business policies and programs aimed at becoming an all-enduring and most profitable brand. In today’s epoch, mush of the

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