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Essay / Research Paper Abstract
5 pages. This paper will explain the organizational structure some companies use to operate international subsidiaries as well as the training that will be needed, how the training will be utilized, and what type labor forces will be in use in the international locations. Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: D0_JGAglhrd.rtf
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will be utilized, and what type labor forces will be in use in the international locations. GLOBAL HUMAN RESOURCE DEVELOPMENT This model paper will use as an example doing
business in Guatemala. The student might choose to do another country using this model paper for reference. Guatemala is an attractive place for U.S. entrepreneurs. With a
steadily growing import market increasingly receptive to U.S. products and services, Guatemala offers excellent opportunities for U.S. business people in the region (Doetsch 23). The attractiveness of the Guatemalan marketplace
has not gone unnoticed by U.S. firms. There are more than two hundred U.S. enterprises doing business in Guatemala, including AT&T, 3M, Proctor and Gamble, Citibank, Pepsi, ESSO, American
Express, Kelloggs and Colgate-Palmolive. U.S. franchises are also becoming increasingly popular, particularly with Guatemalan entrepreneurs in tourist-related sectors, and today, "Wendys, Westin Hotels, Marriott, McDonalds, and Dominos are only
a few of the U.S. franchises that call Guatemala their "home away from home" (Doetsch 23). U.S. product success is linked to other features of the Guatemalan marketplace. Being
close to the United States, Guatemala possesses a large, relatively low-cost labor pool and enjoys preferential access to the U.S. market through the Caribbean Basin Initiative. Guatemalan business people
are also accustomed to doing business with U.S. firms and many travel regularly to the United States. Most speak English. In addition, the Guatemalan Government welcomes foreign investors
and generally affords them national treatment. In all but a few strategic sectors, foreign-owned businesses enjoy the same legal status as their Guatemalan counterparts. It is important to
note here that for someone opening a business in Guatemala there are no restrictions on the repatriation of capital, nor general requirements for local equity participation (Doetsch 23). The governments
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