Most Global Firms Find It Is Better to Have Expatriates

question 85

True/False

Most global firms find it is better to have expatriates rather than locals staff the management positions of their foreign operations because expatriates require less training and development than do the locals.

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Definitions:

Implied Authority

The power assumed to be held by an agent or employee, based on their role or position, allowing them to perform acts necessary to fulfill their duties.

Salesmanship

The skills, techniques, and art involved in effectively persuading and selling goods or services to consumers.

Commission Basis

A compensation structure where payments are made based on performance, typically a percentage of sales generated.

Fired

The termination of employment by an employer, often due to misconduct, poor performance, or economic constraints.