A Firm Using a Polycentric Staffing Policy

question 101

Multiple Choice

A firm using a polycentric staffing policy:

• A) is less likely to suffer from cultural myopia.
• B) seeks the best people for key jobs throughout the organization, regardless of nationality.
• C) will most likely follow an ethnocentric strategy.
• D) is likely to have improved communication between host-country managers and parent-country managers.

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Definitions:

Cash Dividends

The distribution of profits by a corporation to its shareholders in the form of cash.

Statement of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing activities into operating, investing, and financing activities.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset from the time it was put into use to the current date.

Patents

Legal documents that grant an inventor exclusive rights to their invention for a certain period, preventing others from making, using, or selling it.