When government contacts are important, firms might choose to hire ________.

Question

Quizplus · Accepted Answer

When government contacts are important, it is likely that firms will need to navigate local regulations and cultural differences. Hiring local managerial talent who are familiar with the local environment and have established contacts can be a strategic advantage in building relationships with government officials. Home-country managers or third-country expatriates may not have the same level of knowledge and connections in the local government. Recent college graduates may not have the necessary experience and expertise to handle complex government relations.

When Government Contacts Are Important, Firms Might Choose to Hire