Report on Parent Country South Korea Hyundai and Host Country India Hyundai

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No. of words 3000 with 10% tolerance

 

Essay to contain 5 sections:

1.Executive summary

2.Introduction

3.Answer to the 4 questions (refer below)

4.Conclusions

5.References (Include harvardstyle referencing, must have more than 10 references)

 

In the case you are working on, South Korea Hyundai is the PCN and HCN country is India Hyundai.

 

Question 3 should include these 4 questions, There is a brief guide on what to write under examples: Do take note on these examples as they  serve as a guide. Do not copy as they are faked scenarios.

 

1. What are the contextual factors (cultural environment, institutional environment) of country selected? What are the firm-specific factors (strategy and structure, corporate culture, physical firm size, maturity stage of Hyundai Motor India) of the MNE Hyundai. 

 

Start with a brief Introduction something along the line…… Background of PCN (Hyundai South Korea) and HCN (Hyundai India) – 

 

 

eg. ABC China is an international organization and has yet to transform into a multinational corporation due to small country size, thus possessing low global efficiency and local responsiveness. ABC China and ABC India are taken as our parent country and host country respectively. They adopt a pluralist HR perspective as they recognize the presence of different views and goals in ABC company. This report aims to examine what ABC can build on to develop a workable international HRM model.

 

a)Contextual factors

Cultural dimensions – PLEASE use the Hofstede diagram

Explain:

– Compare and contrast briefly on the culture dimensions,  zoom into 2 or 3 main differences

(Collectivism vs. Individualism, Masculinity vs. Feminist, Uncertainty avoidance) .

***Put it in a column and row table format.***

 

b)Institutional environment

Industrial relations – Talk about the Unitary (Hyundai South Korea) and Pluralist (Hyundai India) Perspective.

Explain:

 

-How this environment drives the company’s HRM policies

-How does it affect HRM practices in South Korea and India ??

-Talk about the India regulatory environment and country of origin effect

 

c)Firm-specific factors (Compare and contrast both countries)

Explain:

– Strategy and structure eg. global, transnational, international, multi-domestic.

– How are they organized eg: by territory, product group, etc.

Firm size of South korea Hyundai and India Hyundai

-Market analysis strategy

 

2. Compare and contrast the Human Resource strategies and processes (Recruitment and Selection, Training and Development) adopted in the headquarters (Hyundai Korea) and the local subsidiary (Hyundai india).

 

Recruitment and Selection –

Explain:

– Describe how PCN (Hyundai South Korea HQ) and HCN (Hyundai India), conduct their internal and external approaches/methods etc.

– Talk about South Korea (ethnocentric approach) and India (polycentric approach).

Talk about where to recruit people from Bangalow India? Find other place in India other than New Delhi as they cannot possibly hire all their workers from New Delhi (as there is alot other small cities in India)

How to recruit those from lower class system? (e.g social dumping?? Caste system??) 

Criteria of selection

 

Training and Development –

Explain:

 Hyundai Motor Group university, (please do further research) adopted in the headquarters and the local subsidiary.

 

Example:

South Korea Hyundai uses an ethnocentric IHRM staffing as South Korea Hyundai headquarter key positions are held by Korea management (PCN). Strategic decisions are made there to ensure effective communication and coordination. PCNs are familiar with the HQ goals, objectives, policies and practices. However, it is difficult to adapt to Hyundai India macro-environmental factors and host country nationals (HCN) promotion opportunities are limited.

 

Example:

India (HCN) workforce mainly consists of HCNs so that it can gain acceptance from the citizens into India, which is aligned with its “think global, act local” theme. Using HCNs allows lower hiring cost and unnecessity of work permit. However it restricts PCN oppotunities to accumulate foreign experience. India Hyundai utlilises polycentric IHRM staffing as HCNs manager are seldom promoted to HQ positions.

 

 

3. Based on Qn1 & 2, to what extend does Hyundai standardize or localize the HRM practices (eg. recruitment and selection, training and development) in the local subsidary?

 

Please ensure in the report to explain and justify why :

– Training and development standardize

– Recruitment localize

– Selection standardize

 

4. What are the recommendations from this comparison could enable Hyundai to develop a workable international model of HRM for specific national country settings?

 

***Recommendation is based on standardized and localized

 

question 4 is quite open-ended. students can discuss how Hyundai can improve the way they operating overseas. based on their analysis from Q3, what kind of approach should they adopt to achieve better performance (e.g standardization of HRM / Localization of HRM/ Integration of both?) and why? they may also ned to discuss the approach they proposed, is it workable for all context? or only workable for certain regions (e.g. Asia context)

 

Conclusions

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Performance Appraisal

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Week 9 Discussion “Performance Appraisal”

Please respond to the following:

  • From the first e-Activity, explore the major issues inherent within the performance appraisal process that may lead to any type of discrimination within an organization based on two (2) of the following: gender, disability, or denial of employment opportunity. Support your response with two (2) relevant recent cases, and explain the outcome of the case.
  • From the second e-Activity, examine workplace privacy as it relates to emails and Internet communication. Suggest two (2) recommendations that an organization should make to its employees geared toward protecting the privacy of the organization when employees use emails and communicate via the Internet. Justify your response.
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Employment Law Case Brief

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Assignment 4: Employment Law Case Brief

 

Due Week 10 and worth 200 points

 

Using the Internet, select and research an employment law case no greater than five (5) years old.

 

Write a three to four (3-4) page brief in which you:

 

  1. Summarize the issue of the case, and then explain the employment law that was violated.
  2. Evaluate the type of impact the violation had on the organization then determine two (2) ways the organization could mitigate the issue. Justify your response.
  3. Based on your research, determine if a policy was or was not in place during the violation. Then, recommend a communication for all employees to enhance the knowledge of the policy. Support your response.
  4. As a HR Manager, explore an organization you worked for or familiar with, then suggest three (3) ways you could make the organization violation free from employment law issues. Justify your response.
  5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

 

Your assignment must follow these formatting requirements:

 

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

The specific course learning outcomes associated with this assignment are:

 

  • Determine employment laws that apply to the selection, development, and management of employees.
  • Evaluate policies and processes that promote a diverse workforce.
  • Develop policies that are compliant with employment laws.
  • Use technology and information resources to research issues in employment law.
  • Write clearly and concisely about employment law using proper writing mechanic.
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Terminating and Downsizing

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Discussion week 10 “Terminating and Downsizing”

Please respond to the following:

  • Choose two (2) factors from those discussed in the textbook that may cause a possible breach of an implied contract. Suggest two (2) strategies that an employer may use to avoid these possible breaches from occurring. Justify your response.
  • Select two (2) of the following acts: National Labor Relations Act (NLRA), Worker Adjustment and Retraining Notification (WARN) Act, Reduction in Force (Age), Age Discrimination in Employment Act (ADEA) and Older Workers Benefit Protection Act (OWBPA). Determine two (2) major challenges that each of the selected acts may cause within an organization, and then outline a plan to prevent the challenges from adversely affecting the organization or employees. Justify your response
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Employment Law

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Week 11 Discussion -“Employment Law”
Please respond to the following:
  • From the e-Activity, examine the effectiveness of the two (2) employment law that you deem to be the most influential. Support your response with two(2) current case involving the chosen law.
  • From the e-Activity, select two (2) negative or adverse cases filed against any organization. Then, decide on a better method that the organization could have used to prevent the negative or adverse outcome. Explain the rationale for your described method.
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Firms distinguishing between value creation and the returns they obtain from their investments

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Evaluating the benefit an opportunity can provide is complex. When measuring an economic benefit, you must look at the real return, the nominal return, and the overall value. In many cases, a project might generate a negative return in the short term but may be of value in the long term. You may take on a project for its business, knowing that the project is a losing proposition but will compensate for this loss by bringing in a new project later that will generate a positive return, or future value. This assignment will illustrate this concept. Firms need to distinguish between value creation and the returns they obtain from their investments.

Tasks:

Locate an article from the Internet or the Argosy University online library resources that deals with firms distinguishing between value creation and the returns they obtain from their investments. You can consult sources such as the Wall Street JournalFinancial TimesBloomberg Markets, the EconomistUS News and World Report, and other publications for conducting this research.

On the basis of the selected article, address the following questions:

  • What are some of the strategies that firms engage in to create value?
  • What is the difference between adding value in the value chain and creating returns for shareholders?
  • Why does adding value to the firm and creating returns for shareholders in the short run and long run matter?

Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

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Comp-XM

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What Is Comp-XM?

Comp-XM is familiar, yet different from your experience in Capstone or Foundation. You are the CEO. You

will be making decisions on your own; you will not be a member of a team. Like Capstone, Comp-XM uses a spreadsheet and a web interface.

There are two parts to Comp-XM: A four-round simulation and a series of web-based quizzes called Board Queries. Board Queries are questions posed by your Board of Directors. They are drawn from the unique results of your simulation. You could appear before the Board up to five times to answer their questions about your company. “Website Instructions” (below) discusses the mechanics.

Login to the website with the User ID and Password from your previous simulation. Select Comp-XM.

In the Getting Started area, view the brief introductory video in the Welcome section. Be sure to review the Sample Board Query in the About Board Queries section. Go through the remaining sections.

The Comp-XM Spreadsheet

In the Getting Set Up section, download the Comp-XM Spreadsheet to your computer (a web version of the spreadsheet is available from the Dashboard, see below).

  • You will open the Comp-XM Spreadsheet as you did the Capstone or Foundation Spreadsheet;
  • Enter the same User ID and Password you used to login to the website;
  • The Comp-XM Spreadsheet requires an Internet connection–it retrieves your work from the website when it opens and sends your work to the website when you save decisions.
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Accounting Methods

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Purpose of Assignment

This week’s activity illustrates the role a company’s accounting method plays in financial statement reporting. In this assignment, students evaluate the events occuring in a business setting and determine how to properly analyze those events to identify the impact on both cash and accrual accounting methods.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC)

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Scenario: BizCon, a consulting firm, has just completed its first year of operations. The company’s sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing – meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for one full month of salaries, but due to a cash shortfall, it promised to pay them the first week of next year.

As the senior accountant, the Chief Financial Officer has asked you to prepare a memo to be sent to management notifying them of the delayed wage payments.

Prepare the memo in a maximum 700 words including the following information to better outline the situation:

Explain how cash and accrual accounting differs for each of the events listed in the above scenario and describe the proper accrual accounting.

Assess how at the end of the year, BizCon reported a favorable net income, yet the company’s management is concerned because the company is very short of cash. Explain to management how BizCon could have positive net income and yet run out of cash.

Format your assignment consistent with APA guidelines.

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HCAPS scores at a hospice and palliative care center

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Statement of Determination Assignment is a brief outline of your project. The draft outline is a Full Sentence Outline that provides general information about what you will cover in your project. The outline is to use the alphanumeric format, but have full sentences at each level of the outline. The following headings are to be included with full sentences at the first level of the outline:

Nature of the Project

The Nature of this project is to increase HCAPS scores at a hospice and palliative care center in Souther California by implementing complementary care (music therapy, acupuncture, pet therapy ,meditation, reiki, art therapy)

Data That Shows the Need for the Project

    Goal of the Project

  Evidence to Support the Project

The final portion of the Statement of Determination Assignment is an APA formatted Annotated Bibliography that is based on research, applied management, or organizational nursing journals or books. Do not include your textbooks. This Annotated Bibliography should support your project. It should include recent articles published within the last five years. Peer-reviewed articles are preferred; however, articles that are substantive and relevant to the topic may be included. The Annotated Bibliography is to include a minimum of ten articles.

Visit How to Prepare an Annotated Bibliography      http://guides.library.cornell.edu/annotatedbibliography

for instructions on how to compose an annotated bibliography.

An annotated bibliography is a list of citations to books, articles, and documents. Each citation is followed by a brief (usually about 150 words) descriptive and evaluative paragraph, the annotation. The purpose of the annotation is to inform the reader of the relevance, accuracy, and quality of the sources cited.

ANNOTATIONS VS. ABSTRACTS

Abstracts are the purely descriptive summaries often found at the beginning of scholarly journal articles or in periodical indexes.

Annotations are descriptive and critical; they may describe the author’s point of view, authority, or clarity and appropriateness of expression.

(make sure the summery is an annotation not a abstract)

THE PROCESS

Creating an annotated bibliography calls for the application of a variety of intellectual skills: concise exposition, succinct analysis, and informed library research.

First, locate and record citations to books, periodicals, and documents that may contain useful information and ideas on your topic. Briefly examine and review the actual items. Then choose those works that provide a variety of perspectives on your topic.

Cite the book, article, or document using the appropriate style.

Write a concise annotation that summarizes the central theme and scope of the book or article. Include one or more sentences that (a) evaluate the authority or background of the author, (b) comment on the intended audience, (c) compare or contrast this work with another you have cited, or (d) explain how this work illuminates your bibliography topic.

CRITICALLY APPRAISING THE BOOK, ARTICLE, OR DOCUMENT

For guidance in critically appraising and analyzing the sources for your bibliography, see How to Critically Analyze Information Sources. For information on the author’s background and views, ask at the reference desk for help finding appropriate biographical reference materials and book review sources.

CHOOSING THE CORRECT FORMAT FOR THE CITATIONS

……*** use APA format………..American Psychological Association (APA) styles.

SAMPLE ANNOTATED BIBLIOGRAPHY ENTRY FOR A JOURNAL ARTICLE

The following example uses APA style (Publication Manual of the American Psychological Association, 6th edition, 2010) for the journal citation:

Waite, L. J., Goldschneider, F. K., & Witsberger, C. (1986). Nonfamily living and the erosion of traditional family orientations among young adults. American Sociological Review, 51, 541-554.

The authors, researchers at the Rand Corporation and Brown University, use data from the National Longitudinal Surveys of Young Women and Young Men to test their hypothesis that nonfamily living by young adults alters their attitudes, values, plans, and expectations, moving them away from their belief in traditional sex roles. They find their hypothesis strongly supported in young females, while the effects were fewer in studies of young males. Increasing the time away from parents before marrying increased individualism, self-sufficiency, and changes in attitudes about families. In contrast, an earlier study by Williams cited below shows no significant gender differences in sex role attitudes as a result of nonfamily living.

****** I have some articles I need you to write annotated biography for following articles:

see attachments:

* Complementary and alternative medicine in hospice care:

https://sciencebasedmedicine.org/complementary-and-alternative-medicine-in-hospice-care/

*Integrating a music program into the perioperative  period

see attachment.

*   Effects of Music Therapy on Patient Satisfaction and Health-Related Quality of Life of Hospital Inpatients

*        The Effect of a Care Transition Intervention on the Patient Experience of Older Multi Lingual Adults in the Safety Net: Results of a Randomized Controlled Trial

*  Pay for Performance: Are Hospitals Becoming More Efficient in Improving Their Patient Experience?

*  Changes in Complementary and Alternative Medicine Use Across Cancer Treatment and Relationship
to Stress, Mood, and Quality of Life

*  Correlates of Family Satisfaction with Hospice Care: General Inpatient Hospice Care
versus Routine Home Hospice Care

*  Is the patient satisfaction questionnaire an acceptable tool for use in a hospice inpatient setting? A pilot study

*  Effect of music on pain, anxiety, and patient satisfaction in patients who present to the emergency department in Turkey

*  Development and efficacy of music therapy techniques within palliative care

 

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Porsche Case Study and Strategic Plan

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Read What’s Driving Porsche? and History of Porsche AG – FundingUniverse. From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years.

Your strategic plan must be future-oriented and must:

Describe Porsche’s history and its 4Ps (Product, Price, Place, and Promotion).
Explain the current situation of the organization in the market (industry, market, and general environment analysis).
Assess the financial performance and condition of the organization.
Conduct a SWOT analysis (strengths, weaknesses, opportunities, and threats) to determine areas that offer opportunities for change.
Choose three or four areas from your SWOT analysis and explain why the areas you have chosen are essential to your strategic plan.
Describe your recommended organizational structure.
Explain your plan to measure the success of your strategic plan.

Your paper must be 10 to 12 pages in length (excluding the title and reference pages) and be formatted according to APA style guidelines as outlined in the Ashford Writing Center. In addition to the text, you must use at least five scholarly sources. Remember to incorporate information that you have learned from this course as well as your personal experience.

History of Porsche AG – FundingUniverse. (n.d.). Retrieved from http://www.fundinguniverse.com/company-histories/porsche-ag-history/

Abraham, S. (2012). Strategic management for organizations. San Diego, CA: Bridgepoint Education.

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