Using both examples of theory and practical cases (both company and Essay

Using both examples of theory and practical cases (both company and country examples) assess the relative importance of political and cultural factors in influencing global investment decisions - Essay Example Before establishing investments in a foreign country, it is important to assess the status of its politics as well as its cultural orientation. This is because politics and culture of the host country are major determinants of the success of foreign investment in it. Ignoring political threats in global investment decisions puts the company at a high risk of failure. (Cateora, Philip R. and John L. Graham, 1998 pp.23-25). In recent years, politics and the threats they pose to foreign investors determine the success of a company. They are the ones that actually determine the winner or looser. Investment policies of a country are normally formulated nationally through local policy plans. This could lead to uncalled for negative impacts on the global market. Political intervention on the market systems of many countries is rampant. This is happening in the developed and developing countries, necessitating caution while companies consider investing in foreign countries. The regulations of the global market are being changed time and again by politicians and can be disadvantageous to foreign companies especially those that invest heavily on fixed assets such as in the tourism industry where companies make huge capital outlay for assets such as buildings and infrastructure. The major threat caused by political interference is over-regulation thereby bringing in impediments to open capital flow which may ad versely affect the global market (Mooij Marieke. 1998 pp. 38-41). Political risks are the possibilities that may occur in the host country due to political decisions or actions that may have a negative impact on the business. In such cases, companies may end up loosing their money or fail to perform according to the expectations. They include confiscation of property due to local misunderstanding, changes in currency value, restrictions of business activities, politically instigated violence such as the one that was experienced in Rwanda in 1992,

E-Recruiting Essay Example | Topics and Well Written Essays - 1250 words

E-Recruiting - Essay Example Several measures exist in which human resource professionals can use online recruiting to support recruitment effectively and at lower costs. One of such measures is by completing the recruitment exercise faster. Online recruitment is faster as information can reach target people instantly to facilitate faster response. This helps human resource department to meet its urgent human resource needs such as overcoming the challenge of abrupt and significant employee turnover. Shortening the recruitment period also saves money in case of use of recruitment consultants and saves time and associated cost that an organization’s personnel would use in recruiting over a longer period. Human resource professionals can also use online recruitment to eliminate intermediaries such as recruitment firms. Personal interest in an organization, which internal human resource professionals have, is likely to improve diligence and limit the recruitment process to an organization’s financial potentials by eliminating additional human resource cost of recruitment. Reliance on computerized approaches also improves validity and reliability of the recruitment process to ensure effectiveness and reduce possible future costs in repeating recruitment processes (Leung, Nkhoma, and John, 2013). Other ways in which human resource professionals can utilize online recruitment to support recruitment and reduce associated cost are widening target number of applicants, expanding target geographical regions at no extra cost, and reducing administrative procedures that challenge recruitment processes. Expanded target population increases the probability of obtaining best personnel and there is the benefit of no extra cost in the expansion. Administrative processes in recruitment exercises such as meetings and travels are also costly in terms of allowances and lost time that could be used in other