comparative HR Management

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Comparative International Management and Cultural Differences

The paper deals with Management, pparticulary with such its sphere as comparative and international management. The purpose of the paper is to analyse and consider critically the following statement.

"The utilisation of a country's nationals for the purpose of management decisions is said to be more favourable than managers from the parent company."

The new global economy of the twenty-first century has transformed the economic, social, educational and political landscape in a profound and indelible manner. It is composed of a trilogy of interactive forces that include globalization, trade liberalization and the information technology and communications revolution. "Globalization has melted national borders, free trade has enhanced economic integration and the information and communications revolution has made geography and time irrelevant. The role and functions of entrepreneurship in the new global economy have taken on added significance and face compounded challenges. We live in a challenging environment of rapidly changing economic events, where the private sector has become the most important engine of economic growth and the public sector has shrunk in importance and influence. Entrepreneurs are defining the new rules of engagement on the economic landscape as they come to