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Globalization has the changed the way of business and become one of the unstoppable phenomenons today. There are various challenges associated with this phenomenon both in terms of business as well as people. If an organization ventures into international business, it has to first track the new methodologies to manage it, live with it and also take all possible advantages of international business. The organization will have to adopt new methodologies that can coordinate product and rather product plans in a worldwide basis. The organizational structure of a particular organization should be able to balance completely centralized base office control along with the local autonomy. The booming international business has not just impacted on company’s operational structure but rather manpower of the company is also impacted by this change. The HR policies of an organization will have to be extended in order to serve the company’s staffing needs abroad. This would include deployment, identification and development programs for choosing the talent on global basis and finally the dissemination of innovation and knowledge among human resources of a company

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