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how labor forces influence international business

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? Consider the following scenario: Your company sells its products in many different countries. The Director of Exporting and Trade has decided to take on a number of interns over the summer to help the company communicate with its outlets within the various foreign countries. The interns, who are studying to get their Associates Degree in Business, are going to need an introduction to international labor if they are going to be able to communicate with the various countries.
Explain the basics of how labor forces influence international business.
? Include information on labor quality, quantity, and mobility, as well as minorities, the labor market, and labor unions.

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Explain the basics of how labor forces influence international business.

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Labor force has a major influence on the conduct of international business. It is one of the biggest challenges for any multinational business to handle labor force, primarily due to the huge differences in terms of culture, customs, business practices, labor laws, working practices, languages and communication preferences from one nation to another. The management of labor in different nations around the world is a very complex and sensitive issue and requires a great deal of experience, effective strategy and resources to manage such diverse ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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