Reference no: EM13864243
Strategic Alliances and Human Resource Management
Background
LGE is one of the leading global companies in the industry. It is composed of five divisions: air conditioning, business solutions, home appliances, home entertainment, and mobile communication. LGE has 114 subsidiaries worldwide and employs around 82,000 people.
LGE is a South Korean company and as such has some unique characteristics derived from the South Korean culture and economic structure.
Directions
In this assignment, you will read several peer-reviewed articles.
· First, read three peer-reviewed articles related to the South Korean economy, chaebols, and culture.
· Then, search for at least one peer-reviewed article related to the strategic alliances.
· Next, read at least one article on human resource strategies for Multinational Corporations (MNCs).
· In addition, read a few articles related to the local and global operations of LGE.
Then, respond to the following:
1. Explain the organization and purpose of chaebols.
2. Identify the positive and negative characteristics of chaebols for both local and global economy. Also, explain the role they play in the South Korean economy.
3. Identify the characteristics of LGE's human resources strategy.
4. Identify how this HR strategy is helping the company to deal with the diversity.
5. LGE has established a number of strategic alliances with partners from all over the world. Select one of these alliances and analyze and evaluate its outcome.
Write a six-to-seven-page paper in Word format. Utilize at least five to six scholarly sources in your research. Apply APA standards to citation of sources.
What are some examples of temporarily restricted net assets
: under FASB, for a private not-for-profit health care entity - discuss the accounting requirements for each of the following: Please describe what happens when a charitable lead trust is irrevocable? What is the accounting treatment? what are some ex..
|
Produce ammonia according to the reaction
: A fresh feed stream containing 4.0 mol% inert gas and a stoichiometric ratio of hydrogen and nitrogen is combined with a recycle stream and is fed to a system to produce ammonia according to the reaction: N2 + 3H2 = 2NH3
|
Calculate the balance of cash using a bank reconciliation
: Calculate the balance of cash using a bank reconciliation-On October 31, 2015, Damon Company’s general ledger shows a checking account balance of $8,418. The company’s cash receipts for the month total $74,460, of which $71,330 has been deposited in ..
|
Optimal amount of coffee distributed
: Main Objective: To determine the optimal amount of coffee distributed among the three destinations in order to reduce delivery cost.
|
Identify the characteristics of lge''s human resources
: Identify the characteristics of LGE's human resources strategy
|
The methane and hydrogen is consumed
: A mixture of 65 mol% methane, 30 mol% hydrogen, and 5 mol% nitrogen is burned to heat a boiler used to produce hot steam. The ratio of CO2 to CO in the exhaust gas is 10:1. If 30% excess air is supplied, determine the concentration of the exhaust g..
|
The cost of the ending work in process
: The cost of the ending work in process is:
|
Conversion costs are incurred evenly throughout production
: Cosby uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,000 units during the period and had 15,000 units in pro..
|
Which domains of development are emphasized by this program
: Which domains of development (physical, cognitive, and/or psychosocial) are emphasized by this program? How are these emphasized
|