What Is the Advantage of a Geocentric Staffing Policy

question 39

Multiple Choice

What is the advantage of a geocentric staffing policy?

• A)It requires firms to provide little or no documentation to hire a foreign national.
• B)It enables firms to build a cadre of international executives who feel at home working in a number of cultures.
• C)It is inexpensive to implement the policy in a firm.
• D)It allows all key management positions of the firms and their subsidiaries to be filled by parent-country nationals.
• E)It helps firms to follow a localization strategy.

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Definitions:

Assets

Resources owned by a company or individual, having economic value and expected to provide future benefits.

Market Risk Factor

Elements or variables that affect the performance of investments in the stock market, such as economic developments or changes in interest rates.

Common Stock

A form of corporate equity ownership, representing a share in the ownership of a company and a claim on a part of its profits.