A bank facing strong local competition in an overseas branch is likely to use which staffing strategy?

Question

Quizplus · Accepted Answer

When facing strong local competition in an overseas branch, a bank is likely to use a host-country nationals staffing strategy. This is because these employees have local knowledge, understand the local culture, and can better adapt to the local market. Additionally, they tend to be less expensive than expatriates, and the bank can benefit from a positive image by contributing to local employment.

A Bank Facing Strong Local Competition in an Overseas Branch