Which of the Following Is a Drawback of Adopting a Polycentric

question 1

Multiple Choice

Which of the following is a drawback of adopting a polycentric staffing approach?

• A)It is expensive to implement.
• B)It leads host-country managers to make mistakes due to cultural misunderstandings.
• C)It limits advancement opportunities for host-country nationals.
• D)It invariably makes a firm suffer from cultural myopia.
• E)It bridges the gap between the headquarters of a firm and its foreign subsidiaries.

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Definitions:

Long-Run Equilibrium

A state in which all factors of production and costs are variable, leading to no economic profit for firms in perfectly competitive markets.

Plaster

A building material used for coating, protecting, and decorating internal walls and ceilings by covering with a thick, smooth surface.

Labor

The physical and mental labor employed in producing goods and services.

Garden Gnomes

are small decorative figurines used in gardens, representing mythological creatures and often portrayed as small bearded men wearing pointed hats.