International Business‚ 14e (Daniels et al.) Chapter 20 International Human Resources 1) Why is management of international human resources more difficult than directing human resources at the domestic level? A) the complications that arise from political‚ cultural‚ legal‚ and economic differences between countries B) the challenge posed by managers in other countries that aim to achieve global objectives for the company no matter the costs imposed on national objectives C) the greater similarity
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Essay «International business strategies and HRM strategies» Made by: Saint-Petersburg 2012 Table of Contents Introduction 3 International Business Strategies 5 Human Resource Management Strategies 8 Conclusion 10 References 11 Introduction Internationalization today is one of the crucial strategies of many companies throughout the world. During the process of going global companies are trying to extend their business on the overseas markets by searching new customers‚ acquiring
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International Staffing Policies 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
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that‚ when successfully done‚ it drives the company’s strategy. When poorly done‚ it ruins careers and decreases profitability. Heenan and Perlmutter (1979) have provided four approaches to international staffing: polycentric‚ ethnocentric‚ geocentric and regiocentric. In ethnocentric approach managerial positions are filled by staff from the parent company. Ethnocentrism is based on a belief that the home culture is superior. This means that the organisational culture will mirror that of the home
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The Pros and Cons of International Staffing 1. Introduction There has been a rapid pace of internationalization and globalization over the last decade. Expanding business operations beyond national boundaries while continuing commitment to local markets requires more complex business structures. One of the most critical determinants of an organization ’s success in global ventures is the effective management of its human resources. The purpose of this paper is to summarize the advantages
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An ethnocentric approach to staffing policy is one in which key management positions in an international business are filled by parent-country nationals. The polycentric approach is a staffing policy that the host country nationals are recruited to manage subsidiaries in their own country‚ while parent country nationals occupy the key positions at corporate headquarters. The geocentric approach is a geocentric staffing policy that the best people are sought for key jobs throughout the organization
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Management at Coca-cola. Question 1:- What is Coca-Cola’s staffing policy for managerial positions: ethnocentric‚ polycentric‚ or geocentric? Does this policy make sense? Answer:- .: I think Coca-cola staffing follows a polycentric for managerial positions as they have to do that because they “think globally and act locally” and on this basis their policy is combination of ethnocentric as well as geocentric. Yes this policy makes sense because this is aligned with their global strategy in global expansion
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Between the Company and the Foreign Cultures Shadow (何莹影) Student ID: 201030500489 School of Business Administration South China University of Technology Question 2: Would you describe Green’s and Martin’s attitudes as being ethnocentric‚ polycentric‚ or geocentric? What factors do you think have influenced their attitudes? Abstract Hydro Generation (HG)‚ a U.S. based company built the power plant in Uganda which was its first project in Africa. James Green‚ vice president of HG‚ employed
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setting up an international operation. Firstly ethnocentric; this policy is adopted by headquarters who sends expatriates to parent country nationals (PCNs) to fill manger positions in host country nationals (HCNs). This approach is based on that subsidiaries can be managed more effectively by expatriates as they are more informed of company’s goals‚ objectives‚ policies and strategies compared to local managers. The Second approach is Polycentric‚ this is where locals which are known as Host country
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| b. joint venture | | | c. strategic alliance | | | d. franchising company | | Question 5 Marks: --/1 A ________ attitude is characterized by parochialism. Choose one answer. | a. acculturated | | | b. geocentric | | | c. ethnocentric | | | d. polylinguistic | | Question 6 Marks: --/1 The European Expansion (Scenario) You have been hired by a company to look at the ways to best move the company into the European market‚ but you have to first determine
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