HRM assignment essay on: Strategic HRM in business – Dubai and Switzerland

Introduction

To introduce the paper, this paper will talk about the importance of strategic HRM with respect to doing the business in two countries such as Dubai as well as Switzerland. Dubai is well known global city that is known as the business hub. It is also the most expensive and the best place for the business. This way, it explores the importance of market in terms of competitiveness so as also it deals with the robust economy. The other country i.e. Switzerland is important for the proper interaction and participation that provides the important approaches of training, decision making skills and other parameters. This country also offers different points for success and achievement so has it leads the life with high qualities.Discussion

This paper will meet with the assumption that importantly says about the cultural distances and transportation costs which are same between the exporting country and the importing country.

The company is talking about the exports of the product i.e. the car to the countries known as Brazil and India. This paper will conduct the important research to identify the current import policies with respect to issues such as tariffs, restrictions, incentives and other potential of the market.

The distance influences the market in terms of transportation and also the cost of imports and exports. It might influence the personal communication and trade. India is the most emerging economy that in the market and it is the second largest country in the whole world. The standard of living and the purchasing power of the people will increase due to the rate of GDP. It will increase the demand of the automobile sector in the country.

Trade policies today meet with the proper integration in the global economy. It is based on the competitive pricing and important expertise along with the efficiency. There are wealthy countries that have its tariff in the imported products and those countries are known as developing countries. Developed countries have comparative advantage that produces the technology related goods and services. It also develops the focus on innovation and investment with the increased value. (Worldsavvy.org, 2012)China is the second largest trading partner that has been the important and the fastest growing market for the exports of goods as well as products. It is improving its implementation of transparency and other important treatments. India is also known well for the important trading partner and it has high amount of growing power. This ensures the compliance with international standards and other important parameters. There is fair accessibility in country such as Brazil and India. (Trade.ec.europa.eu, 2011)

It increases the understanding of the evaluation of framework. Cultural aspects increases work related stress in the developing countries and it increases the economic transactions as well as it increases the process of globalization. This creates high level of competition and also it facilitates the growth and development. Brazil’s economic history is influenced with the foreign trade and its policies that help to achieve the goals of the economy. It also encourages the technological development and increases the employment with different activities. Imports are described as the number of taxes that meets with the market of Brazil. Brazil will meet with the big competitive advantage and also it will promote the level of innovation as well as training & education. (Paulo, 2012)

The import policy in India describes about the needs of the economy and also it meet with the needs of the important objectives. The basic tariff rate of customs deals with the additional duty of 2% and the imports are free of duty for the production of export so as it also allows the specific products to be exported. India had exports of goods of about 43.1$ billion and it increases the inflows from the investors, stable exchange rates, improved remittances and reserves. India is poor in resources and is dependent heavily on the energy needs as well as requirements.India ranks about the largest billion markets and also it can be bought by the developed countries and developed economies.

Recommendations

Thus to recommend the preferred countries for the business, there are certain recommendations such as:-

Dubai explores the market with the enhancement of competitiveness. Dubai deals with the diverse and robust economy. This country known as Switzerland provides the comprehensive description and discussion of business culture with the help of proper interaction and participation. The business strategy provides the intensive focus in training, decision making and other approaches. It helps to understand the culture of the business and also it has different languages.

This revolves the business meeting and it leads to the disciplined life with esteemed qualities.

With the help of taxes, payroll and legislations, the business should run smoothly.

HRM benefit the different kinds of responsibilities and also it will help to make the best decision according to the economy.

Proper strategic HRM also reduces the burden of HR management and it offers the important advice of best decisions.

HRM practices are cultural beliefs that are based on the important values and cultures.

Various HRM practices are contingent with the international management strategy.

This involves the important point of strategic choices. Thus it measures the performance of the business. The HR processes that should be strategically controlled from headquarters in relation to the organization worldwide are known as:-

The HRM should be able to maintain the sufficient employees in the organization and also this will maintain the growth and productivity in the organization.

With respect to HR processes, the organization will be strategically controlled from the headquarters with the help of:-

• Better effectiveness and particular attention
• Strategic initiatives and technology

Therefore it is recommended to focus on the selected countries because of important reasons and strategies. This way the business will be able to expand its market in terms of high level of competitiveness and also in terms of other major criteria. This will help to measure the performance and goals in an effective manner.

ConclusionTo conclude, the paper must say that there has been the discussion on the international business in terms of Dubai and Switzerland. Both the countries focus on important aspects of business and also meet with the high level of competitiveness. Thus the paper focused on the important approaches of business culture and values.

This way the business would be able to expand its business in the selected countries.

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