This document discusses definitions of global human resource management, cultural values, multinational corporations versus global corporations, expatriate management, global talent management, and labor relations. It also provides an example of FedEx's human resource best practices, which include its people-service-profit philosophy, recruitment and training programs, performance appraisals, and efforts to create an employee-friendly work environment. The conclusion states that globalization requires organizations to be more advanced and willing to take risks to compete at the global level.