Papers by sharmila S Shetty
Due to the Liberalisation, Privatisation and Globalisation policies of the Central Government aft... more Due to the Liberalisation, Privatisation and Globalisation policies of the Central Government after 90s gave rise for an open market trend by permitting foreign Direct Investment in the Indian business. In the era of globalisation due to heavy competition among the business organisations, it started spreading its wings from one country to the other. A multinational corporation or worldwide enterprise is an organization that owns or controls production of goods or services in one or more countries other than their home country. The MultiNational companies expanded business in many foreign countries. The first instance of such business is found in East India Company which existed during 1600. The Dutch East India Company was founded on March 20, 1602. The mushroom growth of these foreign companies gave rise to a new Human Resource Practices. The industrial culture has shown importance to the Human Resource as a key factor of production as, other factors such as money; machines and goodwill are used only upon the potentiality of human resource. It has become a challenge for all the MNCs to retain the workforce by implementing proper HR Strategies hence it found to be an interesting area for study. This study analyse human resource strategies followed by top 10 MNCs in India.
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Papers by sharmila S Shetty