Multinational organizations are divided into three broad groups as per the configuration of their production facilities. Horizontally integrated multinational corporations manage production establishments located in different countries to produce the same or similar products, as for instance McDonald’s. Image Source: cdn.bgr.com […]
In a global economy, international competition, primarily through multinational and transnational organizations, plays a pivotal role. In developed countries like USA, 70 to 85 per cent of economy is influenced by multinational organizations. […]
Udai Pareek and T. V. Rao (1991) also emphasized the role of line managers in realizing the HRD objective of an organization. Since, line managers translate the objectives in to action, they are responsible to develop and utilize the manpower. In all the components of HRD, i.e., Career Planning, Training, Performance Appraisal and Organization Development, line managers have certain specific [...]