There are vast differences in local market needs in the consumer food business across the world. Yamaguchi Media, a Japanese multinational advertising agency, specializes in the food industry. Toward this, Yamaguchi Media uses a geocentric staffing approach. Which of the following is an advantage of adopting a geocentric staffing approach for Yamaguchi Media?A. It tends to reduce cultural myopia and enhance local responsiveness.
B. It is inexpensive to implement.
C. It reduces the costs of value creation.
D. It allows all key management positions of a firm and its subsidiaries to be filled by parent-country nationals.
E. It requires minimal documentation for hiring foreign nationals.

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Job applications give employers uniform information for all employees, making it easier to

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?