Discuss the ways the major functions in HRM must be reconsidered in an international operation.
What will be an ideal response?
Staffing. Home-country, host-country, and third-party employees all have different needs. They may require different sourcing, training, disciplinary actions, and compensation.
Training. Due to differences in orientation, culture, religion, language and more, training will need to be modified. Training may be needed on differing workplace safety laws, for instance.
Employee and labor relations. Differing laws concerning employee relations require HR to become competent in legal issues where the company operates. Many countries’ labor laws are more strongly oriented toward protection of the individual employee than in the United States, for instance.
Compensation. Wages may need to be adjusted to reflect differing standards of living.
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What two purposes are served by using the Post. Ref. columns of a journal and ledger?
A company uses the retail inventory method and has the following information available concerning its most recent accounting period:?At CostAt RetailBeginning-of-period inventory$148,600$245,200Net purchases677,4001,229,800Sales?1,200,0001. What is the cost-to-retail ratio using the retail method?2. What is the estimated cost of the ending inventory?
What will be an ideal response?
The NAICS codes are volumes of highly sensitive industry data stored by the government
Indicate whether the statement is true or false
A sales contract that requires the seller to send the goods to the buyer but not to a specifically named destination is known as a(n) ________
A) shipment contract B) destination contract C) option contract D) consignment contract