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In what ways are IJVs similar to and different from multinational companies with regard to cultural issues? . What areas of HRM and broader employee management in IJVs are particularly prone to...

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In what ways are IJVs similar to and different from multinational companies with regard to cultural issues? . What areas of HRM and broader employee management in IJVs are particularly prone to cultural misunderstanding and how can they be addressed?
Answered 142 days After Dec 07, 2021

Solution

Sudipta answered on Apr 28 2022
110 Votes
Discussion
By looking into the similarities between IJVs and Multinational companies, it can be found that cultural issues sometimes fail to adopt the global business models in the local market. For example, the company’s model, which is being followed at the headquarters, might not be followed in the host countries. Adaption in the management practices is another similarity that can be found. It is quite difficult for both IJVs and MNCs to follow the same management practice in the host countries due to differences in culture and sub-cultures.
On the other side, as IJVs are associated with two...
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