Part A 20 30 Marks Example Questions: 1. Analyse the Emerging trends in the business 2.

. Effects and impacts of emerging trends in managing the Global Workforce. Part B 30 -20 Marks

1. Identify and Analyze the issue of Selection 2.

Emerging Trends Explanation: According to ILO report there are 3.8 Billion workers in the world. 49.7% of the people are below poverty line. Less than 2 Dollars a Day. 185.9 Million are un-employed. They are un-equal distribution around the globe. Now these resources are un-equal due to the following trends

1. Liberalization of Economic policies: Removing the barriers and the tariffs, releasing the rules and regulation. For Example: 1. Students are restricted in UK for studying but Business Person can come easily and have relaxed policies.

a. Inter-connectedness: Means the decision made in the one region will effect the other region. For Ex: Greece is destroyed and near to default. Making Bail Out package for Greece. For Ex: Volsk will close down this year due to recession. Will effect workers from getting the job. b. De-localization: Having culture form home country in foreign country is delocalization. For Eg: Green Street, people there have made a small Pakistan people from different countries have de-localised there.

2. Foreign Direct Investment: Entering the foreign market by developing foreign base assembly or manufacturing facilities. Ex: Apple, they are manufactured in California and assembled in China How much china FDI is increased after the contract? Google and make the notes for it. Share of new industrialized countries in global FDIs increased from 3 percent to 8 percent. Developing countries like, India China Brazil and Japan etc.

Share of Foreign Direct Investment in the GDP increase of 2.4% to 22% Shows increase in the developing countries.

3. Emergence of new economic Block: Certain countries are making free trade zones.

EU is economic community, MARCOSAR, NAFTA Eu started working in 1957 as a common market to create a single economic market and due to decrease the barriers. 20 % of the world exports constitute from European Union.

North America ftree trade Association -NAFTA (US CANDA AND MEXICO) 6.7 Trillion dollars trade between the countries. Each day USA making trade with Canada and US is 1 Billion Dollars. In the same way in 1998 (USA and Mexico) Mexico surpasses Japan with US and made a record.

FTA (Free Trade zone of America) Currently in Progress.

4. Increase Mobility of Labour across International Border It is easy for the business to go from one country to another. But as a labour it is hard to do that.

Atkension Model of Flexibility:2 types of workers Core workers/Standard Workers Per-pheral workers/Non Standard workers.

1. Core workers:Are skilful managerial jobs not easy to replace. 2. Peripheral Workers: Rules are different, jobs are hard. Awkward jobs.

Relation explain Expatriate. Part 1 Finished. Impact of these trends on Management of Global workforce

Advantages: Cheap labour Cheap Material Flexibility Advantages of FDI Advantages of GDP

Disadvantage:

Policies relaxed for the combined countries but hard for other countries. How you are managing people in the foreign country

Conclusion:

While analyzing the following trends we can see that these are major 4 issues for the Globalization and these are the trends that will help in the growth of the economic.

Part 2

Selection, Training and Development

1. Universal Approach 2. Multinational Adaptability and behaviour 3. Common Share by successful international Manager. 4. Mobility

What is Selection? It is the process of gather information for the purpose of evaluation and decision making about who is the most eligible person for the Job.

Universal Approach to the Management: The practices and the policies that is followed in home country should work in the subsidiary company.

If they have this approach they can transfer skill knowledge and culture to other countries.

1. Technical Skills

2. Multinational adaptability and behaviour 3. Coping skills, working in international environment 4. Transformation Richard sounds, Richard Brandson, Tescos Clark 5. Mobility

Adaptability and family condition, compensation packages. All of the above sub-headings in brief Selection Criteria:

Selection Decision 1. 2. 3. 4. 5. 6. Technical Ability Cross-culture Suitability Family Requirements Country Requirements Multi-national Companies Requirements Language

Write down briefly about each of the above sub-headings in brief. Training and Development

1. To Increase the employee current behavior is training and development is to increase employee after they complete the training. Analyze Thungs Model and Madalhall Model 1. Thungs Model: If the expatriate interaction from the culture are low or there is dis-similarity Then you need job training and cultural training. If the interaction is High, need more job training rather than cultural training

Madhall Training

1. Level of Training 2. Duration of Training

If the level of inter-action is low but the similarity is high they in less training in duration.

If the level of interaction is high and the level of similarity is low more training 1 months duration. Project making.

3. If the interaction is high and the cultural dis-similarity is high 2 Months training. Field Experiment, Cultural Training. Conclusion: Which is the best model.