Which of the Following Is Not an Advantage of a Geocentric

question 52

Multiple Choice

Which of the following is not an advantage of a geocentric approach to staffing for international businesses?

• A) uses human resources efficiently
• B) helps build a strong culture
• C) inexpensive to implement
• D) helps build a strong informal management network
• E) helps build a group of managers who are comfortable working in many different cultures

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Definitions:

Marginal Cost

The incremental cost of manufacturing one more unit of a product or service.

Marginal Benefit

The enhanced satisfaction or advantage experienced from the consumption of one extra unit of a product or service.

Economic Perspective

A viewpoint that analyzes individuals' decisions based on costs, benefits, and rational self-interest within the framework of scarcity and resource allocation.

Economizing Problem

The fundamental economic issue of meeting unlimited wants with limited resources, necessitating choices and priorities in resource allocation.