custom writing services

Need more information?: Chat with us


support@myprivateresearcher.com

order download
Average score 4.96 out of 5 based on 673 opinions

How might a middleman change this outcome?

Homework assignment #1

Suppose Joe and Jill have the following production possibility curves. In autarky, Joe produces and consumes 6 of X and 6 of Y, while Jill produces and consumes 1 X and 3 Y.

Joe

Jill

X

Y

X

Y

0

12

2

0

1

11

1 2/3

1

2

10

1 1/3

2

3

9

1

3

4

8

2/3

4

5

7

1/3

5

6

6

0

6

7

5

8

4

9

3

10

2

11

1

12

0

Show how by specializing and exchanging, each can consume more Y and the same amount of X as each consumed before specialization and trade.

Mike is indifferent between bundles A, B, and C and Jane is indifferent between bundles D, E, and F.

Mike

Ja

ne

Beer

Tacos

Beer

Tacos

A 15

22

D 22

10

B 16

15

E 23

8

C 17

9

F 24

7

Mike currently has bundle B, while Jane has bundle E. Assume zero transaction cost, show a mutually beneficial trade if one is possible. What are the gains from trade if exchange takes place? Under what conditions will all trade stop? If in the above problem transaction costs were 5 tacos, would trade take place? How might a middleman change this outcome?

Q) What are issues of standardization and localization in general for MNEs, and how do they particularly manifest themselves in the IHRM activities?

Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Dowling, P., Festing, M., & Engle, Sr., A. (2013). International human resource management (6th ed., pp. 47-52). Andover: Cengage Learning.

H u m a n resource practices, policies and processes are imbedded in the strategic, structural and technological context of the M N E . ‘ This ‘administrative heritage’ is particularly critical for global firms as the international organization w i l l be called on to operate across a wide vari-ety of competitive environments and yet somehow balance these diverse social, political and economic contexts w i t h the requirements of the original home context/ In Chapter 1, we looked at the general global environment in w h i c h firms compete. Here we focus on internal responses as firms attempt to deal w i t h global environment challenges. Figure 3 . 1 illustrates the major elements encountered as a result of international g r o w t h that place demands on sen-ior managers.

The various elements in Figure 3 . 1 are not mutually

exclusive. For example, geographical

dispersion affects firm

size, creating pressure

upon

control mechanisms

that,

in t u r n ,

w i l l

influ-

Ence

structural change.

G r o w t h (size

of the firm)

w i l l affect

the flow

and volume of informa-

t i o n ,

which may reinforce

a control response

(such as

what

functions, systems and

processes

to centralize and what to

decentralize). Geographical dispersion w i l l

involve

more

encounters

w i t h

national cultures

and languages, thus affecting the

flow

and

volume of

i n f o r m a t i o n .

The

demands of the host country can influence the composition of the

workforce (the m i x of

par-

ent country nationals

(PCNs), host

country

nationals

( H C N s ) and

third

country

nationals

(TCNs)) .

FIGURE 3 , 1 Management demands of international growtfi

‘ Size

‘:• Flovv a n d v o l u m e

. . of i n f o r m a t i o n

Operation

modes

Host – country

d e m a n d s

Management demands of internationalization

National cultures and languages

Structure

Geographical

dispersion

C o n t r o l . mechanisms

A n in – depth examination of all these elements is loeyond the scope of this book . Rather, the purpose of this chapter is to explore some of the managerial responses to these influences that concern H R M . O u r focus remains on the connection between organizational factors, manage-ment decisions and FIR consequences. T o a certain extent, h o w the internationalizing f i r m copes w i t h the H R demands of its various foreign operations determines its ability to execute its cho-sen expansion strategies. Indeed, early Finnish research suggests that personnel policies should lead rather than follow international operation decisions,’ yet one could argue that most com-panies take the opposite approach – that is, f o l l o w market – driven strategies. “We w i l l n o w dis-cuss the t w i n forces of standardization and localization and f o l l o w the path a domestic f i r m takes as it evolves into a global entity and illustrate h o w the H R M function is affected by the w a y the internationalization process itself is managed.

HOW IT WORKS

  simple order process Pricing order download You have just landed to the most confidential, trustful essay writing service to order the paper from. We have a dedicated team of professional writers who will assist you with any kind of assignment that you have. Your work is handled confidentially with a specific writer who ensures you are satisfied. Be assured of quality, unique and price friendly task delivered in good time when you place an order at our website. banner We have a team of dedicated writers with degrees from all spheres of study. We readily accept all types of essays and we assure you of content that will meet your expectations. Our staff can be reached  via live chat, email or by phone at any given time with prompt response.  

Prices starting at:

High school
Undergrad.(yrs 1-2)
Undergrad.(yrs 3-4)
Master’s
Doctoral
$10 / page
$10/ page
$12/ page
$15 / page
$17/ page

Note: The prices in the table above are applicable to orders completed within 14 days. Kindly see the full price table for more prices..

We urge you to provide as much information as possible to avoid many revisions. Set your deadline, choose your level, give payment information and relax while you track your work. We will deliver your paper on time. . 1 Are you in a quagmire and you are unable to complete your assignments? Do you doubt yourself on the quality of the essay you have written? Myprivateresearcher.com  is here to assist you. We will offer you unmatched quality that is plagiarism free. Place an order at myprivateresearcher.com  for guaranteed  high grades. order download

we offer gifts to our paper help customersPayment Methods

you can request our services and pay via paypal

we offer gifts to our paper help customersOur Guarantees

  1. Zero plagiarism.
  2. 100% confidentiality.
  3. FREE Reference page
  4. High Quality papers
  5. 24/7 Customer support

Our Testimonials Testimonials

I ordered a 7 page college essay and was delivered on time. Thank you guys I will definitely order again!

9.5
, FL

Our statisticsOur Statistics

  • Orders Completed todate 65387

  • Number of writers 246

  • Satisfied customers 98.7%

  • Returning customers 92.3%

  • Orders placed today 204