PurposeToday companies are focusing to expand the business by opening business units in different countries. Home country and host country are two different terms that have different meanings in the situation of business. Host country is the country where the businessman wants to start the business and does investment and home country is the country where the business headquarters is situated. Home country is the country in which the businessm…

Management and Directors of the CompanyCorporate governance refers to the rules, practices, and processes through which every company is directed and managed by the board of directors and management of the organization. The main aim of corporate governance is to maintain the balance of interest between the various stakeholders of the company such as shareholders, management, customers, suppliers, government, and social community. With the use …

Current scale, diversity and scope of the hospitality industryThe industry related to hospitality is one of the fastest growing industries in the current business scenario. Therefore, it means that the organizations are required to be flexible and innovative enough to assure that they manage their relevance in the related industry. Another characteristic that recognizes this industry is the growing diversity in their employees and target custo…

Types of Teams at Virgin GroupVirgin is a well-established venture capital organization, which is founded by a great businessman by the name of Sir Richard Branson. He is the chairman of Virgin group and involved with more than 360 organizations. Branson is managing his organization and staff in an effective manner, whilst showing great concern towards his employees. Branson and his delegation have established the Virgin Group into an organiza…

Structure of organization and Functional Roles of HRA matrix structure is used to pool together the workforce who integrates the products and functional experts for accomplishing the business goals and objectives.
This structure is used by senior HR Director in new division to manage the all 4 small manufacturing companies. Under this structure, senior HR director will make the link the people with different levels and departments within new …