What is the advantage of a geocentric staffing policy?
A)It requires firms to provide little or no documentation to hire a foreign national.
B)It enables firms to build a cadre of international executives who feel at home working in a number of cultures.
C)It is inexpensive to implement the policy in a firm.
D)It allows all key management positions of the firms and their subsidiaries to be filled by parent-country nationals.
E)It helps firms to follow a localization strategy.

Question

Quizplus · Accepted Answer

A geocentric staffing policy allows for the development of a global leadership team that can work effectively in a variety of cultural contexts, giving the firm a competitive advantage in the global marketplace. This approach balances the need for parent-country nationals with talented and diverse foreign nationals who can bring important perspectives to the company. It is not necessarily inexpensive, but it can be more effective in achieving a company's global objectives.

What Is the Advantage of a Geocentric Staffing Policy