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International human resource management (IHRM) is the human resource management concepts and techniques employers use to manage the human resource challenges of their international operations

Business Dec 27, 2020

International human resource management (IHRM) is the human resource management concepts and techniques employers use to manage the human resource challenges of their international operations. Indicate whether this statement is true or false.

Expert Solution

Yes, the given statement is True. International HRM deals with the typical Human Resource functions like planning, procurement, training and development, induction, compensation, performance management, etc., at the international level. It involves the HRM issues and problems arising from the internationalization of business and the HRM strategies, policies, and practices that firms pursue in response to business's internationalization. The successful management of global employees is a significant determinant for success or failure in international ventures.

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