INTERNATIONAL HUMAN RESOURCE MANAGEMENT

A Study on International Business, Ethics Perspective of Counterfeiting and International

Human Resource Management

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Abstract

Human Resource Management (HRM) of a company takes care of the manpower

management, organizational management and industrial management in a local scale, per say

in a country. IHRM does that and more in a global scenario. IHRM is responsible for solving

the human resource issues of a multinational company in a foreign subsidiary at any one or

more stages in the process of internationalization. (Harzing, 2011)

International organizations cater to three types of employee categories- HCNs, PCNs and

TCNs. HCNs are host country nationals who work in the company’s foreign branch and

belong to that country. PCNs are parent country nationals who belong to the company’s

country of origin and work in a foreign location as expatriates. TCNs are contracted personals

that neither represents the contractor nor the host nation. Now the function of the IHRM is to

manage these three categories and make them work efficiently individually and well in sync

with each other, to fulfil the company’s goals and objectives. (Dowling, 2008)