A Polycentric Staffing Policy

question 56

Multiple Choice

A polycentric staffing policy:

• A)involves human resources 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)involves human resources policies created at local level for specific context in which local operations operate,and results hiring local managers who are familiar with the home country of the IC and with its corporate culture,policies,and practices.
• E)always involves human resources policies that are created at the global level for the specific context in which the global operations operate.

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Definitions:

Money

A medium of exchange, a unit of account, and a store of value, used to facilitate transactions.

Wealth

An abundance of valuable resources or valuable material possessions, often measured in terms of assets like money, real estate, and personal property.

Bank Holding Company

A corporation that owns banks.

Private Banks

Financial institutions that are owned by private individuals or corporations instead of being owned by the government, offering banking services to individuals and businesses.