deregulation new
Post on 20-Jan-2017
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Welcome to
Human Resource Management
Deregulation[ ]
What is
Deregulation ?
Deregulation involves
removing government
legislation and laws in
a particular market.
In many countries, governments
stripped away regulations.
In the United States, for instance, giant multinational
“financial supermarkets”
such as Citibank quickly emerged.
The search for greater efficiencies prompts many
employers to offshore
(export jobs to lower-cost locations abroad). Many employers offshore even
highly skilled jobs such as sales managers, general
managers, and HR managers.
As economies boomed, more businesses and
consumers went deeply into debt. Homebuyers
bought homes, often with little money down. Banks
freely lent money to developers to build more homes
Well…have you had experiences how
easy to lend money from the banks?
Next, let’s try to understand how the
nature of work changes in globalization!
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