Your company, Fish and chips, is a quick service restaurant specializing in fish tacos. Your success in
Question:
Your company, Fish and chips, is a quick service restaurant specializing in fish tacos. Your success in the Bangladesh has been excellent, and your company has decided to develop an international strategy to further develop your market share. As the vice president for human resources, you have been asked to develop an international staffing strategy. The organization has decided that it makes the most sense to hire host-country nationals to manage the restaurants. Your current Fish and chips managers earn upwards of Tk. 12 lac per year, plus 2 percent profit sharing. The organization is also looking to you to determine and develop a comprehensive training program for your host-country managers. A training program is also needed for employees, but you have decided to wait and develop this with input from the host-country managers. Fish and chips has identified Malaysia as the first country that will be entered. Perform the necessary research to answer the following questions:
- What are the advantages of choosing a host-country national staffing strategy?
- Develop a compensation plan for the host country, revising the current compensation for managers in the Bangladesh, if necessary. The compensation plan should include salary, benefits, and any fringe benefits to attract the most qualified people.
- Develop an outline for a training plan, making reasonable assumptions about the information a new manager would need to know at Fish and chips.
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston