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An iron block in a furnace is heated and consequently expands, which means that its density is
Polycentric Staffing Model
An international staffing strategy where host-country nationals are hired to manage subsidiaries in their own country, while parent-country nationals occupy key positions at the corporation's headquarters.
Host-Country Nationals
Employees who are citizens of the country in which a multinational company's foreign subsidiary is located, unlike expatriate employees from the company's home country.
Exporting
The process of selling goods or services produced in one country to buyers in other countries, often as a strategy for companies to expand their market reach.
International Business Strategy
A plan of action that guides commercial transactions taking place between entities in different countries.
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