Examlex
An executive with a polycentric staffing policy presumes that successful business practices at home need not change when transferred to foreign markets.
Common Currency
A currency that is used by multiple countries, facilitating trade and economic policy coordination.
Foreign Subsidiary
A company that is based in one country but is owned or controlled by a parent company from another country.
Reshoring
What occurs when firms move jobs back home from foreign locations.
Outsourcing
The practice of hiring external vendors or companies to perform services or create goods that were traditionally done internally.
Q11: The trade theory that says countries should
Q12: In order to save costs and consolidate
Q17: What is the LEAST likely reason that
Q23: What is the most likely reason that
Q31: A geocentric staffing policy seeks the best
Q34: Totalitarian countries are favored by MNEs because
Q63: Electronic data interchange (EDI)is an online collaboration
Q77: Under the current-rate method of translation,any gain
Q86: Critics complain that pharmaceutical research budgets emphasize
Q97: A key disadvantage of a polycentric staffing