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:

Unskilled Labor

Refers to workers who lack specialized training or qualifications, often performing manual or routine tasks.

Marginal Product

The additional output resulting from a one-unit increase in the use of a variable input, while holding all other inputs constant.

Demand Shift

A change in the demand curve due to factors other than the price of the good, such as changes in consumer preferences or income.

Accounting Majors

Refers to students who specialize in accounting, studying financial reporting, auditing, tax laws, and financial management in college or university.