When a Multinational Relies More on Parent-Country Nationals Than Local

question 60

True/False

When a multinational relies more on parent-country nationals than local managers, the information-asymmetry problem gradually diminishes.

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Definitions:

Specific Goals

Objectives that are clearly defined, measurable, achievable, relevant, and time-bound.

Employee Stock Ownership

A program that gives employees ownership interest in the company through stock ownership.

Stock Trust

A legal entity that holds and manages stock investments on behalf of its beneficiaries.

Managed Behalf

Acting or making decisions for another person or entity, typically in a professional or representative capacity.