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Tuesday, April 30, 2019

Human resources management (HRM) Coursework Example | Topics and Well Written Essays - 250 words

piece resources management (HRM) - Coursework Examplee worlds leading electronics and information technology companies has sourced out their products to Foxconn which is found in China because of its cheap labor which is the countrys comparative advantage. Cheap labor allows companies to stop up the components of their products at a lower cost making their companies competitive and more profitable (The Economist 2008). at that place is also another advantage in sourcing out to Foxconn in China although companies would be little enthusiastic to admit. This is the relative relaxed and less stringent labor laws in China making that makes the operation of its business less complicated. In the case cited, such suicides and deaths in the workplace would have been unforgivable in the United States, europium or Japan had these companies did not source their component. These companies would have been embroiled with the regulatory authorities under the brat of lawsuit, sanction and heft y fines. But these incidents are tolerated in China to the advantage of these firms because the HRM function is no daylong their responsibility when they outsourced the manufacturing of their

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