Markets in developed economies are approaching saturation level. Therefore, MNCs are searching for new untapped markets in emerging countries such as India and China. Since the healthcare industry will continue to grow in the future due to the size of the global population and its age composition, General Electric Healthcare (GEH) is trying to capitalize on these trends. It is expanding its operations and development of new drugs and manufacturing of the medical equipment in India and China. Directions Read the following articles: • At least one peer-reviewed article related to the trade theories in general as well as for China and India • Articles related to the human resource management for MNCs, cross-cultural management, expatriate training, and expatriates’ success/failure in overseas assignments • Articles related to GEH Then, respond to the following: 1. Explain possible pitfalls for such strategy from GEH’s perspective. 2. Identify solutions to the possible pitfalls for the strategy. 3. For each operation (India and China), evaluate GEH’s human resource strategy. 4. Identify how you would design training for preparing expatriates for their assignments to India and China if you were in charge of their training prior to the overseas assignment.

Describe a challenging workplace situation that you have encountered in the past or are anticipating in the future. Assess your level of stress before, during, and after the situation. Next, create a stress management plan that includes three (3) of the following components: time management, relaxation, nutrition, exercise, positive thinking, and support network. Explain concrete actions you can take in each chosen area to manage the stress the situation causes.
Review the video below titled “Starbucks CEO Howard Schultz on Social Responsibility” (2 min 2 s). Click here to access the video if it is not playing correctly below. Next, from Chapter 15 of your text, determine which level of Corporate Social Responsibility (Legal, Ethical, or Benevolent) Starbucks demonstrates based on the information you learned in the video. Suggest two (2) actions other comparable companies could take to increase their level of Corporate Social Responsibility.

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