Issues in International Management Essay Example | Topics and Well Written Essays - 3000 words

Issues in outside(a) Management - Essay ExampleConcerning this aspect, the framework incorporates two vital aspects i.e. global integration of the value cooking stove activities and manufacturing of products along with processes in correspondence with the needs of the local market (Cieri & et. al., 2005). In accordance with the context of IHRM, genuine prevalent issues sack be apparently observed that entail cultural diversity, people management and employee copulation among others (Taylor, 2007).Keeping up with these issues, this essay intends to discuss approximately the various social systems beingness followed by the MNCs/MNEs in sight to mitigate the global challenges associated with the applicability of the IHRM. The essay will further discuss upon the IHRM designs been adopted by MNCs and the benefits associated with the structure being framed. Apart from this, the essay will also discuss about various strategies that pursue by the MNEs for global development.Accordin g to Howard Perlmutters theory, three patterns of MNCs can be reflected. In this regard, ethnocentric orientation reflects about the management intentions in employing national employees rather than non-native employees. In this respect, the management has the perception that the internal employees are undefendable of handling operations along with the issues pertaining to the world-wide level. One of the advantages of such orientation is that the valued position is being occupied by the talented nationals rather than the external employees. Apart from this advantage, one of the drawbacks associated with this model is that the MNEs get undress of practicing diversified culture. Furthermore, the MNEs also get deprive of knowledge from the external source, thereby facing the challenge of international short sightedness. This might create hurdle in mitigating the required global demands (Perlmutter, 2010). One such MNC, which can be apparently observed to comply with ethnocentric or ientation in the form of practicing diversified culture, is Hong Kong