1. GLOBAL HUMAN RESOURCE MANAGEMENT IMBA 552 International Business and HRM

4. RANK COUNTRY POPULATION % OF WORLD POPULATION - World 6.7 billion 100% 1 People’s Republic Of China 1.3 billion 19.9% 2 India 1.1 billion 17.04% 3 United States .3 billion 4.57% 4 Indonesia .2 billion 3.47% 5 Brazil .18 billion 3.81% 6 Pakistan .16 billion 2.46%

9. Porter’s Diamond (Adapted from Porter:1990) Firm Strategy, Structure and Rivalry Factor Endowments Demand Conditions Related and Supporting Industries COMPETITIVE ADVANTAGE OF NATIONS

11. Routine production services Routine production as an employee on an assembly line or supervisory jobs or clerical jobs involving repetitive checks on employees and enforcement of standard operating procedures

12. In person services Simple repetitive tasks with little training providing services directly to the consumer, e.g. salespersons, hairdressers, waiters, cleaning staff, receptionists, etc.

13. Symbolic-analytic services These jobs require skills in problem solving and problem identification, e.g. engineers, architects, managers, research scientists, etc.

14. Zero sum nationalism “ The assumption that there are only two outcomes possible in economic warfare: either we win or they win, so we had better make sure that we win. Countries therefore close their eyes to globalization and try to protect and improve their own position. Government subsidies for deteriorating industries and a renewed interest in protectionism are the hallmarks of this scenario.

15. Cosmopolitanism The ideal of free trade is championed. This is not a zero sum game: the world as a whole can improve Through free trade. By making products where they can be made most cheaply, we all benefit in the end. Reich maintains this is the attitude that will most likely determine the future.

16. Positive economic nationalism Each nations citizens take primary responsibility for enhancing the capabilities of their countrymen for full and productive lives, but also work with other nationals to ensure that these improvements do not come at others’ expense. This argument provides for free trade with some form of government intervention

19. What is Human Resource Management As a field it is about: the understanding, researching, applying and revising all human resource activities in their internal and external contexts as they impact the process of managing human resources in enterprises throughout the global environment to enhance the experience of multiple stakeholders, including investors, customers, employees, partners, suppliers, environment, and society.