Assignment – Strategic Alliances and Human Resource Management

Strategic Alliances and Human Resource Management

Background
LGE
is one of the leading global companies in the industry. It is composed of five
divisions: air conditioning, business solutions, home appliances, home
entertainment, and mobile communication. LGE has 114 subsidiaries worldwide and
employs around 82,000 people. LGE is a South Korean company and as such has
some unique characteristics derived from the South Korean culture and economic
structure.

Directions
In
this assignment, you will read several peer-reviewed articles.
•
First,
read three peer-reviewed articles related to the South Korean economy,
chaebols, and culture.

•
Then,
search for at least one peer-reviewed article related to the strategic
alliances.

•
Next,
read at least one article on human resource strategies for Multinational
Corporations (MNCs).

•
In
addition, read a few articles related to the local and global operations of
LGE.

Then,
respond to the following:

1 Explain the
organization and purpose of chaebols.

2 Identify the positive
and negative characteristics of chaebols for both local and global economy.
Also, explain the role they play in the South Korean economy.

3 Identify the
characteristics of LGE’s human resources strategy.

4 Identify how this HR
strategy is helping the company to deal with the diversity.

5 LGE has established a
number of strategic alliances with partners from all over the world. Select one
of these alliances and analyze and evaluate its outcome.

Write
a seven-to-nine-page paper in Word format. Utilize at least five to six
scholarly sources in your research. Apply APA standards to citation of sources.

Make
sure you write in a clear, concise, and organized manner; demonstrate ethical
scholarship in accurate representation and attribution of sources; and display
accurate spelling, grammar, and punctuation.

Grading
Criteria

Explained
the purpose of chaebols. Provided an appropriate explanation of how chaebols
correlate the strategies of South Korean business.

Identified
both positive and negative characteristics for local and global economies.
Explained the role chaebols play in the South Korean economy.

Identified
the characteristics of LGE’s human resources strategy.

Identified
how the HR strategy incorporates diversity within the company.

Analyzed
and evaluated an alliance with a business partner. Explained how the alliance
benefits both sides in the business setting.

Wrote
in a clear, concise, and organized manner; demonstrated ethical scholarship
in accurate representation and attribution of sources; and displayed accurate
spelling, grammar, and punctuation.

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