A Geocentric Staffing Policy

question 96

Multiple Choice

A geocentric staffing policy

• A) requires host-country nationals to be recruited to manage subsidiaries, while parent-country nationals occupy key positions at corporate headquarters.
• B) leads to ineffective use of human resources.
• C) requires extensive documentation.
• D) is compatible with both international and localization strategy.

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Definitions:

Family Businesses

Businesses owned and operated by multiple family members, often passed down from one generation to the next.

Shareholders

Individuals or entities that own share(s) of stock in a corporation, thus holding a portion of the ownership and rights to profits.

Disadvantages

are the unfavorable or negative aspects of a situation, plan, or condition that may cause difficulties or reduce chances of success.

Life Cycle

The series of changes in the life of an organism, including birth, growth, reproduction, and death; it can also refer to similar stages in the development of products or organizations.