Which of the following are the trends in International Industrial Relations System?
1. MNCs try to cultivate centralised ethnocentric approach to bring extent of pressurising the National Governments to bring out unprecedented economicand labour reforms.
2. MNCs aspire for hassle free business climate and for this, adopt the practice of replacing expensive labour with cheap labour through outsourcing.
3. MNCs promote individual centric human resource policies to keep trade unions at bay.
4. MNCs act like 'octopus'. Nations, trade unions and other actors of industrial relations only grapple with the unfathomable strength ofMNCs.
A. 1 and 3
B. 2, 3 and 4
C. 1, 3 and 4
D. 1, 2, 3 and 4
Answer: Option D
Related Questions on Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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