The Policy of Assigning Host-Country Nationals to Key Staff Positions

question 47

True/False

The policy of assigning host-country nationals to key staff positions in offshore organizations is known as the ethnocentric policy of global staffing strategies.

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Definitions:

Principal

The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.

Inflation

The pace at which prices for general goods and services ascend, diminishing the capacity to purchase.

Price Appreciation

refers to an increase in the value of an asset over time, typically evidenced by a higher market price.

Securities

Financial instruments that represent ownership positions in publicly traded corporations (stock), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by an option.