1. (Chapter 2) What is the difference between a polycentric‚ ethnocentric‚ and geocentric approach to international management? What key factors should a firm consider before adopting one of these approaches? Polycentric approach to international management is the policy involved hiring and promoting employees who are citizens of the country that host and operates the company. The polycentric approach is best used in order to maintain low hiring costs. Communication is easier and companies run
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joined Wharton’s faculty in 1969. He specialised in the evolution of multinational corporations (MNCs) making predictions to how their viability and legitimacy would change. Perlmutter is the first academic who identified distinctive managerial orientations of international companies. "The more one penetrates into the living reality of an international firm‚ the more one finds it necessary to give serious weight to the way executives think about doing business around the world". These organisational
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2. How would you describe the respective attitudes of Martin and Green: ethnocentric‚ polycentric‚ or geocentric? What factors do you suspect of having influenced their respective attitudes? Charles Martin has a geocentric attitude while James Green’s attitude is ethnocentric. While in college‚ Martin majored in African studies. Upon graduation‚ he served in the Peace Corps in Kenya. During this time‚ he became accustomed to business procedures in Africa. He really enjoyed working in Kenya
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Introduction Unilever‚ a multinational organisation‚ are geocentric in their approach to globalisation and have recently taken over a factory in China. This factory has had no previous relations with any international corporation and operates solely through a regiocentric style of management. Unilever wish to bring the Chinese factory into line with their current practices and to assist in the transition of the factory from a regiocentric to a geocentric approach a group of proficient managers will be selected
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Ethnocentric is a staffing policy that is used in companies that has primarily international strategic orientation. This policy is generally adopted by headquarters by sending employees from the home or parent countries to the host country. This approach is used best in some situations such as‚ a team is sent from the home country to help setting up a new plant as well as train subsidiary personnel to use new system. The benefit of having staffs from home country abroad is that employees may gain
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1. Why do individuals and organization have to become less ethnocentric and more polycentric when operating in an international context? Brewster‚ Sparrow and Vernon (2007) claim that there is a significant debate between those who believe that the world is getting more globalized and therefore all aspects of management‚ including HRM‚ are becoming more alike‚ and those who believe that each country continues to have its own approach to management in general and human resource management in particular
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the difference between language and dialect. Language is one of the fundamental things for our daily living. The main reason behind development a society is communication and there is no doubt the language is the best way of communication so far. So we can say that the contribution of language for human civilization is enormous. As a language community a community can be own difference of expression‚ attitude‚ tone‚ accent. That is making a language variation in same community. This is called
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Ethnocentric staffing approach Word number:973 Executive summary In today’s global world Human Resource (HR) practices and polices have become very significant for further development of multinationals organizations. In order for multinationals companies to be competitive‚ it is necessary to have adequate international staffing approach. Management of employees in foreign subsidiary is a complex job. Nevertheless‚ Human Resource managers need to manage people across
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for today‚ Training and development is so important for today because nowadays in the business world‚ if which company have employee that have a very good and wind skill they will successful so we need to train our staff Because I have 2 reason 1. Training can helped improve our employee performance and when our employee have a good of their skill‚ the company will have a good performance and that become a good profit. Moreover‚ we are not only improve one or two skill for our employee but we
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Describe the differences between local and overseas bodybuilding competition First of all‚ the history of building competition between local and overseas is totally different. In 1904‚ the first large-scale bodybuilding competition held at Madison Square in New York. In 1944‚ the first bodybuilding competition named Shanghai men’s bodybuilding competition held in Shanghai YMCA auditorium. It is the first bodybuilding competition held in China. It shows that the history of overseas bodybuilding
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