There is an increased trend for international corporations to replace their expatriate managers with local managers as quickly as possible.

Question

Quizplus · Accepted Answer

This statement is true. Many international corporations have recognized the benefits of having local managers who understand the local culture, language, and business practices. They are able to adapt quickly to changes in the market and engage better with local clients and employees. Additionally, hiring local managers can also lead to cost savings as they typically require less compensation than expatriate managers.

There Is an Increased Trend for International Corporations to Replace