Final answer:
Companies select and train human resources in a global labor market by hiring and training HR professionals to understand local and global needs.
Step-by-step explanation:
Companies select and train human resources in a global labor market by hiring and training HR professionals to understand local and global needs. Companies may have a central HR department that hires and trains professionals who can adapt to different cultural and business practices in various countries. This approach allows companies to have a consistent HR strategy while also addressing specific local requirements.