Globalisation , the World Economy and MNE's mini essay - 2

Globalisation , the World Economy and MNE's mini - Essay Example ges the expansion into the foreign markets, the following options have to be analyzed closely and critically: doing more, growth and expansion, increasing acquisitions and going global. Following the extensive research and the number of case studies done in RIM, this essay aims at understanding the effects with RIM decides to do more. Research and development play great role in ensuring that the needs of consumers are met in terms of consumer tastes, preferences, technological changes, and market trends as well as maintaining healthy competitions. RIM like any other organization has to have a team that carries out research to know what is new and to develop new enhancement to meet the requirements. RIM had already gained the success in its recruitment strategies, such as the local drive and the nationwide campus recruitment drives (Smith, 2005; Pg. 184). It majorly relies on professional networks and personal initiatives of employees who keep an ear on the ground in the name of finding new talents. Another option is to expand corporate programs to the many universities and colleges by maintaining frequent and intense graduate recruitment drives. RIM is a global renowned organization and it can use this advantage to form a scouting group that would move across all the continental markets recruiting the best talents. Canada being one of the most attractive countries to live in terms of standards of living and good economy among other benefits could attract the emerging developers from the RIM markets (Cavusgil, Knight, and Riesenberger, 2008; Pg. 122). Alternatively, RIM has posted many of its available job opportunities online in order to source for potential employees. The applications were received for positions advertised; this provided an opportunity to choose the best talents from over 800 applicants worldwide. RIM also has creative websites that do structured recruitment. The Research in Motion Company is still controlling everything at Waterloo (the