22 Feb 2023

94

How the Rise in Exports and Imports Has Affected Employees Working Internationally

Format: APA

Academic level: Master’s

Paper type: Essay (Any Type)

Words: 328

Pages: 1

Downloads: 0

Globalization has created an environment that is conducive for exports and imports. Due to the policies that have been implemented there is a huge rise in both exports and imports. This rise has directly affected the number of employees working internationally. According to Bialik (2017), in 2007 foreign owned companies employed 5.5 million workers in the United States, and this number grew to 6.8 million by 2015. These companies almost always have sister companies in other parts of the world. Employees from one country have to travel to the other countries for various reasons. 

A strategy that can be used to make certain that employees are capable of working in another country is providing them with a home and host sponsor who serves as a point person. These point people must have experience working abroad; which results in them being knowledgeable, understanding and empathetic regarding working in another country. The point person can help by sharing their experiences, giving more information of what the assignment entails and ways to navigate any potential problems (Molinsky & Hahn, 2016). The employee will have a certain level of comfort knowing that they can easily talk to the point person, because these people have likely gone through whatever they are going through. Before the employees leave they can sit with the point person to learn about the cultures, the dos and don’ts and any other vital information. 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Another important strategy is identifying the right people for such tasks. Not everybody is able to work outside the country. According to Molinsky & Hahn (2016), the company must choose an individual who possess certain qualities. One of them is, the person must be open-minded; going to a different country that has its own way of doing things can be a shock for some people. Having someone who is open to learning and adapting to a new environment is important. Another quality is that they must be committed, learning and trying to adapt to a new culture has its difficulties. It requires one who is committed and willing to see it through. 

References 

Bialik, K. (2017, December 14). Number of U.S. workers employed by foreign-owned companies is on the rise. https://www.pewresearch.org/fact-tank/2017/12/14/number-of-u-s-workers-employed-by-foreign-owned-companies-is-on-the-rise/ 

Molinsky, A. & Hahn, M. (2016, March 16). Cross-cultural Management: 5 Tips for Managing Successful Overseas Assignments. Harvard Business Review . https://hbr.org/2016/03/5-tips-for-managing-successful-overseas-assignments 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). How the Rise in Exports and Imports Has Affected Employees Working Internationally.
https://studybounty.com/how-the-rise-in-exports-and-imports-has-affected-employees-working-internationally-essay

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

17 Sep 2023
HRM

Leadership Profile Part III: How to Be an Effective Leader

Psychologists have made significant contributions in the business sphere by outlining primary traits of accredited leaders. Organizations have administered psychological tests to identify features that are most...

Words: 1121

Pages: 4

Views: 433

17 Sep 2023
HRM

Key Concepts Exercise: Implication for Managers

In a unitary perspective on the staff-management relationship in an organization, the staff, as well as management, is interlinked in the combined effort of achieving a unified purpose which is often the success of...

Words: 519

Pages: 2

Views: 86

17 Sep 2023
HRM

Alignment of the Talent Needs with M.J’s Business Strategy

Information technology (IT) is offering a wide range of opportunities and great potential in the banking industry. According to Madhushree, Radhakrishnan, and Aithal (2018), IT enables the banking sectors to...

Words: 1434

Pages: 5

Views: 372

17 Sep 2023
HRM

Values in the Human Services Profession

The human service profession was developed in the year 1960 with the intentions of responding to the needs of people together to the various problems affecting them. Moreover, the business is characterized by...

Words: 896

Pages: 3

Views: 93

17 Sep 2023
HRM

The Pay-For-Performance (P4P) Principle In Healthcare

The pay-for-performance (P4P) is a central idea in the healthcare dialogue as it proposes that patient should base their payments based on the quality of services they receive. There are four measurements that one...

Words: 368

Pages: 1

Views: 176

17 Sep 2023
HRM

Human Capital Plan: How to Create a Human Capital Plan

People are the most crucial asset in organizations. Often, organization leaders are aware of this, but only a few compliment it with actions. To ensure that focused action can enhance the achievement of organization...

Words: 2499

Pages: 9

Views: 440

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration