Globalization: Human Resource Management Systems Are Key To Success
Today’s business environment is changing at a breaking pace. The rampant pace of global competition, the speeds of technological developments, rapidly changing demographics, and the incredible increase in information technology have resulted in a business environment that changes day to day, hour to hour. To remain competitive in such a dynamic environment, businesses must continually improve their human resource management systems and organizational changes. Managers must continually be looking for ways to improve all aspects of the employment relationships.
International Capital Flows
The extent of international flows of capital and of the information needed to make investment decisions can provide further evidence of …show more content…
Public policy plays a crucial role in determining the extent to which countries and their companies participate in globalization. Public policy measures have the potential to reduce the interaction between nations, which would cause the reverse of globalization temporarily. Since World War II, industrialized countries have progressively opened their economies and a number of developing economies also began a process