Compare the Advantages and Disadvantages to a Multinational Firm of Using

question 44

Essay

Compare the advantages and disadvantages to a multinational firm of using host-country nationals (HCN) with the advantages and disadvantages of using third-country nationals (TCN).

---

Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Recruitment

The process of identifying, attracting, and hiring suitable candidates for jobs within an organization.

Nonmandatory Major Benefit

A significant employment perk that is not legally required but is offered by an employer to attract or retain employees.

Canadian Organizations

Entities based in Canada, functioning across various domains, including non-profit, governmental, and business sectors, adhering to Canadian regulatory and cultural standards.