Business
Business, 02.04.2021 18:40, Desireeloves8849

International businesses generally follow one of three policies on staffing: ethnocentric, polycentric, or geocentric. Corporate culture and the firm's strategy shape and are shaped by the policy. No one correct staffing policy exists for all multinational enterprises. Each of the three major approaches has advantages and disadvantages for a firm. Selecting the best approach depends on the values and norms of the firm, on the way the firm sees opportunities in the host country, and how the firm plans its future. Read each item and the roll-over hints. Identify whether each item is an advantage or disadvantage of a specific staffing policy Builds strong networks Disadvantage Advantage Ethnocentric Expensive Polycentric Cultural myopia Geocentric Inexpensive HQ isolated Competency transfer

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