IBUS6002 Chapter Notes - Chapter 9-10: Area Studies, Ethnocentrism, Co-Determination

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Advantages of the ethnocentric staffing approach: pcns are familiar with company goals, products, technology policies and procedures and they know how to get things done through the company headquarters. Pcns also tend to be more loyal to the company than are local managers. Advantages of the polycentric staffing approach: hcns are more familiar with local conditions and culture and know the local ways of doing business. They have important contacts and are more likely to be accepted by people inside and outside the organization. In terms of cost, they will cost much less to hire than pcns. Advantages of the global staffing approach: this approach provides a greater pool of qualified and willing candidates to choose from. It also results a culturally adept and more flexible global management cadre who may have bilingual or multi-lingual skills. It may also be more cost effective to use transpatriates instead of expatriates. Solution: inadequate preparation, training, and orientation prior to assignment.

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