When a Geocentric Approach in Staffing Is Adopted,_____

question 15

Multiple Choice

When a geocentric approach in staffing is adopted,_____.

• A) the us-versus-them feeling in firms is significantly increased.
• B) the nationality of the employees is disregarded.
• C) only third-country nationals (TCNs)are appointed in top positions.
• D) a localization strategy is used.

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Definitions:

Retained Earnings

Profits that a company has kept or retained rather than distributed to shareholders as dividends, which may be reinvested in the business.

Fiscal Year

A financial year used for accounting purposes, which in many countries is different from the calendar year.

Statement of Cash Flows

A report presenting the impact of variations in balance sheet positions and income on cash and cash equivalents, divided into operations, investments, and finance activities.

Financing Activities

Transactions that involve raising capital and repaying investors, including issuing equity, obtaining loans, and paying dividends.