Manag., December-2019 – Q11
0. Human Resource Management (HRM) helps build successful cross border alliances by ensuring that:
- Option : D
- Explanation : Strategic IHRM can support the process of building successful cross-border alliances in a number of ways, by working to ensure that (International Joint Ventures) IJVs are staffed by high-quality managers, for example, or by helping to ensure that cultural diversity is m an aged effectively in m erg ers and acquisitions (Schuler, Jackson, and Luo). ‘There is no shortage of evidence that attention to people and to cultural issues is one of the most critical elements in achieving the cross-border acquisition strategy’ (Puck et al.). Yet in practice the involvement of HRM in such alliances is often limited, particularly in the early planning stages. HRM issues tend to be operated in a non-strategic fashion restricted to the implementation stage (Puck et al.)—reacting to the issues and problems generated by the merger and the acquisition process, such as how to retain key staff and handling any associated redundancies.
