MGT501 - HRM solution

ANSWER:



According to my point of view the best strategy for HR executives is to hire people of the host country whom they are starting business.





REASON



vThey can have best knowledge about their country, cities, people, culture, and people’s attitude and about Government roles and polices,.



v They have best knowledge about their market. How they can capture the market.



v How company survival in the market.



v What or quality and standers are adopted in their market or country, culture.



vThey Know What products they produce which highlight their logo and insignia



vThey know how company can increase its market share and profit.



vThey know which product they produce for highest people satisfaction.



vThey know how many competitors are available in the market. What strategy they will adopt.



vThey know how company can get an edge from them.



vThey Know How they built relationship with customers.



vThey Know How company can progress by leaps and bound.