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THE EFFECTS OF GLOBALIZATION

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We live in an advance and explosive world which is rapidly developing in every sector, organizations are looking to gain more advantages from any given opportunity and they are thinking innovatively to work and communicate. INTRODUCTION Globalization is one of the main issues to influence the International organizations diverse from domestic organizations for human resource management (HRM). The HRM policy and practice should differ according to countries and the recruitment methods used to recruit and manage expatriates should be changed. Globalization is a procedure of international economic alliance in the worldwide market. It is the development of single international markets for goods or services accompanied by an increased growth in world trade. Any company that has an interest in the economy or interested in the activities which will extend across a number of international restrictions is a global company. This can trigger out a number of issues because the activities ...