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Human Resource Management In Multinational Banks In Tanzania
Essay specific features


Written by:
Elizabeth T
Date added:
January 2, 2012
Level:
University
Grade:
B
No of pages / words:
4 / 1015
Was viewed:
8033 times
Rating of current essay:
Essay content:
Externally, Tanzania could not escape the reality of globalization forces. In 1995, Tanzania introduced privatization policies which include attracting foreign direct investment (FDI) and multinational companies (MNCs), to improve its socio cultural and socio-economic conditions.
In early 2000, US based Citibank and South Africa based Standard Bank started providing financial services in Tanzania...
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Both the banks claimed to possess global “best practices” in managing their organizational structures and human resource management policies. All foreign investors to Tanzania faced the same sort of pressure of thinking GLOBALLY but acting LOCALLY. Now we have to find out whether their actions really reflect “HR best practices” or not...
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