To help speed up the process of getting approvals for foreign operations,a firm would most likely benefit from hiring which of the following?

Question

Quizplus · Accepted Answer

Hiring local managerial talent with strong government contacts would be the best choice to help speed up the approval process for foreign operations. These individuals would have a better understanding of local laws and regulations and would have established relationships with government officials, making it easier to navigate the approval process. Home-country managers may not have the same level of understanding of local laws and regulations, while recent college graduates may not have the necessary experience or contacts. Third-country expatriates may have experience, but may not have the same level of understanding of the local market and government processes.

To Help Speed Up the Process of Getting Approvals for Foreign