Wednesday, July 24, 2019
International human resourcing Essay Example | Topics and Well Written Essays - 2000 words
International human resourcing - Essay Example it is a decision meant to foster efficiency. Merger occurs when two or more companies undertaking business activities of similar nature come together and combine their operational activities, management and every service delivery tasks (Dorrenbacher, & Geppert, 2011, p.56). This is usually aimed at improving service delivery and creating competitive advantage. By merging with other companies, resources become more available hence production capacity can go higher. Acquisition is yet another strategy which means a larger company purchasing another one, either fully or partially, as a way of increasing its investment. Joint venture is closely related to merger. However, in joint venture companies mobilize resources together to undertake a common venture. This strategy is regarded necessary if the companies are like minded and the nature of business venture will considerably involve large capital investment. For instance, we have the case of EBG which acquired Pancevo and other brewerie s in Moldova, Chisinau, and Ufa in 2003. We also learn that Pancevo underwent nationalization over the era of Tito, which transferred its ownership interest to a given family. Again, this organization which now operated like a company was privatized following poor operating conditions prior to 1991. All these strategies have legal, social and economic implications to the society and the state at large. In our case study, we undertake to look at the legal and social aspects that arise with respect to the above strategies, considering multinationals like Pancevo, Eden Group of Companies, EBG and others that operate in Asian market and other countries (Richmond, & Turton, 2000, p.25). Discussion Generally immaturity of the political body has led to stifling of the institutional pluralism development. While in the area of higher education, appointments of senior academic are still being conducted by the state, a picture similar to that arises in the agency of Serbian privatization where senior employees as well as their policies are seen as the subject of great transmutation. It is without doubt that the major reason behind widespread feeling of anxiety and fear has been the pauperization of the community of Serbia which is faced with a challenge of around 30% unemployment with average wages being marginally higher than subsistence levels. The interference of the system of social benefits that were well established by the administration of Tito, which meant non material and material needs were all granted by the government, has contributed to feelings of isolation and insecurity among the citizens. Living standards deteriorated immensely because under Milosevic business enterprises were maintained open, usually with passive workforces, meant to create means of supporting the regime and keeping social peace (Richmond, & Turton, 2000, pp.34-6). The significant challenge threatening the programs of workers in Serbia is the privatization enactments that were made in a series of laws from the start of 1980s. From 2001, radical ownership restructuring has taken place. This has shocked many nationalities especially the workforce, whose livelihood is pegged into those enterprises. These laws have seen into it that social and state owned business enterprises are transferred into the hands of private sector. These enterprises employed 150000 workers, and their social security future was now at risk. Such is the case
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