Wednesday, April 3, 2013

International Human Resource management

Background

Sisco Pty Ltd is a privately owned company that has been in the telephone line for over 20 years. The company started out as a manufacturing business. Over the years, the company went into wholesaling and eventu bothy exposed the first memory board in Burwood in 1994. Since then, 14 more stores make opened their doors to cater for ladies fashion at reasonable prices. The reason the prices ar reasonable is due to the fact that there is no substitute(prenominal) department where stores purchase wholesale then distributing to the general public, all clothing that the retail store Sisco leads is manufactured and sold by the same company. Although Sisco survived the past two decades of competitiveness, Sisco will consistently provide high quality clothing at competitive prices by taking a step in going global. A decision to restructure their manufacturing department to China will importantly reduce the production cost of their clothing.

Introduction

During the last few decades, companies have been confronted with an increasingly competitive environment. Forces facilitating globalization, much(prenominal) as the liberalisation of outside(a) trade, the international integration of production, research and marketing by study Multinational Companies (MNCs), as well as the emergence of major economic regions like the European Union, have enabled companies to invest afield to gain or maintain competitive advantage. Hodgetts et al.

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(2006, pg 7 - 8) states that globalisation creates both opportunities and challenges, furthermore global trade investments will act up to grow, bringing wealth, jobs and technology to many regions around the world. It is in no doubt that a high percentage of current epic organisations already adapted towards globalisation in gaining their current success. Companies such as Sisco must take precautions upon becoming a MNC, peculiarly towards a country with different; values, culture, work ethics, language, political views and organization regulations.

China and the clothing...

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