10. Factors Affecting HRM Internationally

• Cultural factors:
  • Hofstede's Cultural Dimensions (Power Distance, Individualism/Collectivism, Masculinity/Femininity, Uncertainty Avoidance, Long-Term Orientation)
  • Hall's High-Context and Low-Context Cultures
• Economic factors:
  • Economic development level, labor costs, unemployment rates, inflation
• Legal and regulatory factors:
  • Labor laws, employment regulations, tax laws, health and safety regulations
• Political factors:
  • Political stability, government policies, trade regulations
• Technological factors:
  • Technological advancements in communication, transportation, and information technology