In an MNE,a perceived lack of talent and skills of HCNs often necessitates a(n) _____ approach.

Question

Quizplus · Accepted Answer

In an ethnocentric approach, the parent company's policies and practices are replicated in the host country, thus, the perceived lack of talent and skills of host country nationals (HCNs) is often compensated by relying on expatriates from the parent company who have the technical skills and cultural mindset to manage the subsidiary effectively. This approach is often used when the parent company assumes that its way of doing things is superior to the local practices, and that the HCNs are not capable of managing the operations to the same standard as expatriates would.

In an MNE,a Perceived Lack of Talent and Skills of HCNs