What Is the Advantage of Using an Ethnocentric Staffing Approach

question 88

Multiple Choice

What is the advantage of using an ethnocentric staffing approach?

• A)Uses human resources efficiently
• B)Alleviates cultural myopia
• C)Inexpensive to implement
• D)Helps transfer core competencies

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Definitions:

Individual Security

A specific financial instrument, such as a stock or bond, representing an investment in assets or rights to ownership.

Covariance

A statistical measure that indicates the extent to which two variables change together; if the covariance is positive, the variables move together, while a negative covariance means they move inversely.

Securities' Returns

The profit or loss derived from investing in a security, including dividends, interest, and capital gains.

Correlation Coefficient

The correlation coefficient is a statistical measure that calculates the strength of the relationship between the relative movements of two variables.