Training and Development of Potential Candidates for Expatriate Assignments

question 58

Multiple Choice

Training and development of potential candidates for expatriate assignments

• A) is unnecessary with host-country nationals.
• B) is unnecessary with home-country nationals.
• C) depends on whether the candidate is a home-, host-, or third-country national.
• D) wastes company resources because management is an art form, not a skill.
• E) is only necessary for third-country nationals.

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Definitions:

Economic Approach

A method of analysis that focuses on the principles of supply and demand, cost-benefit analysis, and the rational behavior of individuals within the economy.

Profit

The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes associated with sustaining the activity.

Top-Down Leadership

A leadership approach where decisions and policies are initiated by the upper levels of management and then cascaded down through the ranks.

Culture of the Organization

The shared norms, values, and practices that guide and shape behaviors and attitudes within a company or institution.