Explain the Advantages and Disadvantages of a Geocentric Staffing Policy,and

question 97

Essay

Explain the advantages and disadvantages of a geocentric staffing policy,and discuss the effects of culture shock when assigning an employee to work in another country.

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Definitions:

Annual Rate of Inflation

The percentage increase in the price level of goods and services in an economy over a year.

Decade

A period of ten years.

Effective Annual

Referring to an interest rate or return on investment that accounts for the effects of compounding over a year.

Rate of Sales Growth

The increase in sales over a specific period of time, typically measured as a percentage.