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B6512 Global Business: Exploration and Evaluation of Culture and Economics

A study on global business dynamics, evaluating culture and economic factors.

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EMERGING ECONOMIES1Module 5Assignment 1:Emerging Economies and GlobalizationCourse:B6512 Global Business: Exploration and Evaluation of Culture and EconomicsAnalyze how international trade theories influence the global operations and human resourcestrategies of multinational corporations, using General Electric Healthcare (GEH) as a casestudy. Discuss GEH's expansion into emerging economies, specifically China and India, andevaluate how trade theories such as national competitive advantage and absolute advantage haveimpacted their strategic decisions. Additionally, compare the human resource strategiesemployed by GEH in China and India, focusing on talent utilization, leadership development,and expatriate training. Your analysis should include a discussion of the challenges GEH faces inmanaging political and cultural differences in these markets. Support your arguments withrelevant academic sources and examples.Word Count Requirement:2,500–3,000 words.

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EMERGING ECONOMIES2

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EMERGING ECONOMIES3AbstractThis essay will addressa numberof international trade theories as it relates to the globalcompany General Electric Healthcare. It will discusscompany’s human resource strategy in aglobal operations framework.Module 5Assignment 1:Emerging Economies and GlobalizationWhen company make a decision to enter into new business market there must anumber of factors that must be considered. These factors arestrategic market positionof thebusiness,availabilityof raw material,source ofcapital, as well as profit and good organizations.General Electric Healthcare (GEH) has a well comprehensible businessstrategywhich is tochange the world's wellbeing by enhancing the quality, access and reasonableness ofconsideration, the position that they required was understandableand alsoto discover a savvyapproach to meet their objective. Their point was to build their business operation into China andIndia. India was seen as innovation advancement country with a considerable measure of humancapital that will support generation and that was the motivation behind why General ElectricHealthcare extends its operation, Kumar (2012).China is another venue of business operation because of the number of talented humanlabor are available with growing market of the company products hence this will enable topmanagement to tackle the problem that might arise in the future management of operation.Kumar,(2012)believed that with these factoraccessible then the item administration willassume critical part in the promoting of the item. Consequently, it bodes well that GEH settledon the choice to grow its operations into these two nations. The inquiry now is to characterize the
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Document Details

University
Pennsylvania State University
Course
B 6512
Subject
Business Management

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