A Polycentric Staffing Policy

question 64

Multiple Choice

A polycentric staffing policy:

• A) involves human resource policies that are created at the local level for the specific context in which the local operations operate.
• B) results in the company hiring local managers who are familiar with the home country of the IC and with its corporate culture, policies, and practices.
• C) may confront the problem of having the best people pirated away by local firms or other IC subsidiaries.
• D) two of the above.
• E) all of A, B, and C.

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Definitions:

Issuing Companies

Companies or entities that offer securities, such as stocks or bonds, to the public for the purpose of raising capital.

Venture Capital Investors

Individuals or firms that provide funding to start-up companies or small businesses with long-term growth potential.

Equity Holders

Investors who own shares or stock in a company, giving them ownership interest and typically voting rights in the corporation.

Start-up Firms

A newly established company that is in the phase of developing and bringing to market a new product or service.