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Lecture International Business (11/e) - Chapter 12

After studying this chapter you will be able to understand: How to define choice architecture, and how nudges influence individual decision making? In what ways human decision‐making does not conform to the model of full information and rational choices? How demand for commitment devices can be rational?. | Labor Forces McGraw-Hill/Irwin International Business, 11/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. chapter twelve Learning Objectives Identify forces beyond management control that affect the availability of labor Explain the reasons that cause people to leave their home countries Discuss the reasons that some countries have guest workers Explain factors associated with employment policies, including social roles, gender, race, and minorities. 12- Learning Objectives Discuss differences in labor unions among countries 12- Labor Quality and Quantity Quality, quantity, and composition of labor force are of great importance to an employer Labor Quality The skills, education, and attitudes of available employees Labor Quantity The number of available employees with the skills required to meet an employer’s business needs 12- Worldwide Labor Conditions and Trends Overall Size and Sector of the Work Force International Labor Trends Aging of Populations Rural to Urban Shift Unemployment Immigrant Labor Child Labor Forced Labor Brain Drain Guest Workers 12- Primary Occupation of National Labor Force Source: https://www.cia.gov/cia/publications/factbook/fields/2048.html (July 25, 2006). 12- Aging Of Population Source: U.S. Census Bureau, International, “Midyear Population, by Age and Sex,” www.census.gov/cgi-bin/ipc/idbagg (July 27, 2006 12- Rural to urban Shift Source: World Urbanization Prospects: The 2003 Revision (New York: United nations, 2003), pp. 3-4. 12- Unemployment 192 million overall unemployed Middle East and North Africa (13.2%) Sub-Saharan Africa (9.7%) Central and Eastern Europe (9.7) Latin America and Caribbean (7.7) Developed economies (6.7%) Southeast Asia and the Pacific (6.1%) South Asia (4.7%) East Asia (3.8%) 12- Labor Mobility Labor Mobility The movement of people from country to country or area to area to get jobs Immigration Refers to the process of leaving one’s home country to reside | Labor Forces McGraw-Hill/Irwin International Business, 11/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. chapter twelve Learning Objectives Identify forces beyond management control that affect the availability of labor Explain the reasons that cause people to leave their home countries Discuss the reasons that some countries have guest workers Explain factors associated with employment policies, including social roles, gender, race, and minorities. 12- Learning Objectives Discuss differences in labor unions among countries 12- Labor Quality and Quantity Quality, quantity, and composition of labor force are of great importance to an employer Labor Quality The skills, education, and attitudes of available employees Labor Quantity The number of available employees with the skills required to meet an employer’s business needs 12- Worldwide Labor Conditions and Trends Overall Size and Sector of the Work Force International Labor Trends Aging of .