This is an individual assignment involving a written analysis (2,000 words) of a country of your choice. (I choose Singapore and have registered with my lecturer so please write about Singapore). The...

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This is an individual assignment involving a written analysis (2,000 words) of a country of your choice. (I choose Singapore and have registered with my lecturer so please write about Singapore).


The course will provide an extensive overview of International HRM. However, when businesses internationalize, the HR professionals should familiarize themselves with the specific context of the targeted market. This assignment aims to familiarize students with various national contexts from different regions, thus further broadening the course content. Moreover, this assignment aims to strengthen your analytical and written communication skills.


Students will have freedom to choose one national context from the below-mentioned countries. However, we want to cover all countries below. Therefore, you have to report your choice of country no later than Week 3; the sooner you decide on the country, the more likely it will be assigned to you.


The paper should cover the following:



1. Overview of the country (500 words).This section provides a comprehensive and concise overview of the country. The aim of this section is to provide information that will support other sections in the report. This section might include information on the country’s geography & government, history, demographics, economic condition and sectors...etc. A good source of information as a start would be the World Fact Book:https://www.cia.gov/library/publications/the-world-factbook/(Links to an external site.)



2. Overview of the country’s national culture (500 words).This section needs to debate the cultural dimensions of the country and compare them to Australia. Also, it needs to address the various cultural layers of the country. A good source to start with is https://www.hofstede-insights.com/product/comparecountries/ .



3. Overview of the business climate(including what makes this country favorable to do business at? What makes this country unfavorable to do business at? What interesting things we should know about when conducting business in this country/business culture and etiquette?)(500 words).



4. HR-specific challengesthat a multinational might face when conducting business in this country? The HR challenges should be very specific to the country, and NOT general HR global issues(500 words). At least 3 challenges should be debated and well developed, if not more.


Students have additional 20 0 words (+10% word count) that are flexible to use in any section. The word limit does not apply to the Appendix and the reference list. It is very important to keep the report specific to the country and support your claims with data and references.

Answered Same DayAug 21, 2021

Answer To: This is an individual assignment involving a written analysis (2,000 words) of a country of your...

Abhishek answered on Aug 29 2021
137 Votes
Running Head: MGMT30004 INTERNATIONAL HUMAN RESOURCE MANAGEMENT    1
MGMT30004 INTERNATIONAL HUMAN RESOURCE MANAGEMENT     4
MGMT30004 INTERNATIONAL HUMAN RESOURCE MANAGEMENT
Table of Contents
1. Overview of the Country    3
Geography and Government    3
History    3
Demographics    4
Economic Conditions and Sectors    4
2. Overview of the Country’s National Culture    4
Media    4
Religion    5
Economy    5
3. Overview of the Business Climate    6
Singapore Holding Companies the Best Option    6
Abundant Fin
ance at Low Rates    7
Efficient Tax System    7
Registering Property    7
Trading Across Borders    7
4. HR-Specific Challenges    8
Shrinking Workforce    8
Failing Productivity Growth    9
Shifting Policies    9
References    11
1. Overview of the Country
Singapore, which is officially known as the Republic of Singapore, is one of the sovereign island city-states in Southeast Asia. The diverse culture of the country invites people from all over the world. Tourism is one of the vital business sectors of Singapore.
Geography and Government
The country is located in the region of maritime of Southeast Asia. It lies about one degree of latitude (137 kilometres or 85 miles) north of the equator. The borders of the country consist of Straits of Malacca to the west and South China Sea to the east. The country is extensively attractive to tourists from all over the globe because of its geographical conduciveness. The climate of the country is mostly tropical and warm throughout the year (McGann, 2019). The weather does not provide a hindrance towards any activities in the country. There are chances of rainfall through November and December.
The government of the country is termed to the Republic of Singapore. The government is divided into parts. The Executive branch of the government consists of the President and the Cabinet of Singapore. The Parliament of Singapore consists of the Prime Ministers and other ministers. However, the government of the country has some accusations about restricting the freedom of speech among the citizens. The state is liberal towards foreign investments. The country is one of the most market-oriented open economies in the world.
History
In 1819, the British were allowed to colonise Singapore by signing a treaty with Sir Thomas Stamford. The year was marked as the beginning of the British era in Singapore. Later on, the country was captured by the Japanese Empire during World War II. On August 9, 1965, Singapore was stated as an independent country. From that day, the country was free from the colonisation of the British. Over time, the country became highly prosperous within 1999. During the 1990s, the state decided to create an open market to revive the demolishing economy of the country. The constant colonisation by the British and the Japanese has extracted wealth from the country.
Demographics
Almost 5.7 million people reside in the country. 76.2% of the people are the original citizens of the country, 15% are the Malays and 7.4% of the residing people are Indians (Curien, 2017). Because of its exhaustive cultural and geographical diversity, tourists visit this place all year round.
Economic Conditions and Sectors
The economic condition of the country is very stable. The state follows the system of open economy, which initiates large numbers of foreign investments. Singapore became the first country in Asia to have the highest gross domestic product and rank 7th in the world. All kinds of sectors work with diligence in the country. From aerospace to electronics, the country has access to every industry operating in the economy. The government invites foreign investments. Various economic zones provide advantages to big businesses.
2. Overview of the Country’s National Culture
As mentioned earlier, Singapore possesses a rich cultural diversity. The vast expanse of the population is the result of the cultural mix in the nation. In Singapore, the culture is defined by peace, justice, social and religious harmony. The country has several cultural layers.
Media
The communication system of Singapore is entirely based on digital and print media. The people of the country get to listen to various vital announcements from the television and radio. The access of digital media is significant among the citizens of Singapore (Braga-Blake, 2017). However, social media is growing over the entrance of digital media.
In Australia, access to social media is enormous. Every citizen of Australia is mostly relied upon on social media. Communication takes place with the use of augmented technological systems such as robotic technology.
Religion
The country follows a temporal pattern as prescribed by the constitution. There is a diversity of faith in the country. Since people from all across the globe reside in the state, there is the availability of various religions in the country. However, the most followed...
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