International Corporations

Paper Summary:

This paper explains three major reasons corporations are compelled to internationalize are (1) the growth imperative, (2) the capability to develop a cost advantage and (3) internationalizing the customer base. The author points out that Indonesia, one of the few developing countries that responded favorably to the idea of internationalization, liberalized its policies to promote internationalization and promoted import substitution polices and deregulation policies as early as the 1980s. The paper relates that for Indonesia, localization remains a key factor in promoting good will toward governments and allowing Indonesians to achieve higher goals through the training provided within the multinational corporation.

Table of Contents
Internationalization: United States and Indonesia
Compensation
Indonesia
Cross-National Differences in Personnel and Organization, Cultural Diversity and Strategic Management
Strategic Planning in Multinational Corporations
United States
Indonesia
Organizational Structure of Multinational Corporations
Indonesia
International Resource Management and Industrial Relations
Composing an International Staff

From the Paper:

"In many cultures of a host country for the multinational corporation, it may be required that the human resource management team extend themselves by becoming familiar with the employees, not just as employees but as human beings. This could include interacting socially and outside of the workplace, at functions along with other employees. It is imperative that the human resource management team be flexible in their approaches to the diverse cultures that they will be encountering and sensitive to the specific needs of those cultures."

More papers on International Corporations:

• Case Study # 108874 : "ManTech International Corporation"
• Descriptive Essay # 110337 : "International Corporate Human Resources"
• Analytical Essay # 26189 : "A Financial Analysis of Wendy's International"

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