Firms pursuing a(n)_____ staffing policy may be better able to create value from the pursuit of experience curve and location economies than firms pursuing other staffing policies.

Question

Quizplus · Accepted Answer

A geocentric staffing policy seeks the best talent from around the world, regardless of their nationality or origin, and is therefore better equipped to leverage location and experience economies. It is a more effective approach for multinational corporations that have operations in multiple countries with different cultural backgrounds. This policy enables firms to achieve a balance between the need for global integration and local responsiveness, resulting in increased organizational effectiveness and competitiveness in the global market.

Firms Pursuing A(n)_____ Staffing Policy May Be Better Able to Create