Cross culture Essay Example | Topics and Well Written Essays - 2500 words

Cross culture - Essay Example The international transfer department is responsible devising policies related to the international assignments. As regarded by LVMH â€Å"international mobility† is the essence of career development which helps the potential candidates to acquire the requisite competencies. This case study delineates the procedure of international mobility. This assignment focuses on some of the key issues of international mobility so as to bring in light the challenges faced by the company and ways to tackle with them. Challenges faced by LMVH: LVMH, being a global company, required the expertise of personnel having international experience. To assure the availability of potential human resource who could operate anywhere in the dominated market, company decided to build in a pool of such asset by moving them internationally as part of their career development process. International mobility is the reality which has become pertinent for almost every global organization to work effectively in a cut throat competition. International assignments are considered as one of the most potent means of developing â€Å"Global leaders† (Stroh & Black, 2005). ... This at times become quite frustrating, time consuming and even more expensive when dealing with the potential subject’s non-technical requirements. The situation grows even more problematic when people try to compare there package with others holding same position in different companies within the group. LVMH follows a â€Å"balance sheet approach† to devise an appropriate salary for the expatriates. This approach is widely used owing to its advantages for an international assignments; it treats all the employees with equity without creating a difference in their salaries owing to the market rate of the host country, this in turn reduces the chances of uncertainty thus encouraging employees to take on the assignment (Stroh & Black, 2005). However, the increase in the firm size surges the administrative burdens and thus the cost. â€Å"Security benefits† is yet one other concern that needs to be dealt with appropriately when laying out the package. Security packa ges generally differ in each country. Devising a package keeping in view the host countries requirement at times is problematic owing to the complexities involved in it. Every country has its own rich culture strongly held by its dwellers. Cultural differences strongly impede the process of adjustment by a foreigner because of differing managerial values (Bigoness &Blakelly, 1996). Thus to ease out the process, LVMH believes in the training its employees. However training process is time consuming and the adjustment is left on the employees to deal with. Moreover devising and then implementing appropriate cost effective policies for managing international assignments and recruiting process pose a significant risk to

Research paper Essay Example | Topics and Well Written Essays - 1250 words - 15

Research paper - Essay Example Over the years, the region has become the centre for conflicts as the United States has been keen on safeguarding its interest and those of Israel in the region. This vast region is generally very hot and dry while its soil type is sandy soil, which does not support plant cover. Ideally, the Middle East mainly comprises of the Arab culture but it also accommodates other minute descents of the Turks, Iranians, and Israelis. Therefore, the most common religion in here is the Islamic religion. Over the years, this Iraq is a rich oil-producing region across the world, but poor administration has influenced its stunted economic growth. With most of the world nations being oil and petroleum reliant, economic growth was inevitable due to heavy supply of these products. With this, this essay will delve into the environmental issues and problems in the Middle East region, especially Iraq and the impacts of the same. Further, the focus will also be on the ways of influencing positive relationship between the USA and the people of the Middle East within my personal view. The attacks on American soil of the 9/11 terrorist bother by the Al Qaeda in 2001 was the turning point as this made the country to scale up its efforts towards curbing insurgency on its soil and in foreign lands. The result of this was a pledge by President George Bush to wage war on terror to the point that this would no longer be a threat to the progress of this super power (Fontenot, Degen and Tohn 16). This led to the funding of military activities in Iraq in an attempt to destroy the threat that Iraq posed to other nations such as Israel through its leader Saddam Hussein because of their alleged possession of nuclear very destructive weapons. The American administration at the time pledged that the military activity in Iraq was a way of protecting Israel because it was prone to such attacks. In essence, the stalemate between Iraq and Israel began in the 1980s when the latter