A Firm Using a Polycentric Staffing Policy

question 101

Multiple Choice

A firm using a polycentric staffing policy:

• A) is less likely to suffer from cultural myopia.
• B) seeks the best people for key jobs throughout the organization, regardless of nationality.
• C) will most likely follow an ethnocentric strategy.
• D) is likely to have improved communication between host-country managers and parent-country managers.

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Definitions:

Disclosure Statement

A document outlining the critical information and terms of a financial transaction, often mandated by law to protect consumers.

Bulk Purchasing

The acquisition of goods or products in large quantities, often at a discounted price.

Profit Margins

A financial metric that measures the percentage of profit a company makes for each dollar of sales, indicating how effectively a company is managing its expenses relative to its net sales.

Management Structure

The hierarchical arrangement of lines of authority, communications, rights, and duties within an organization.