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
Premium Common law Law Foreign Corrupt Practices Act
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
Premium Management Region Employment
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
Premium England Adoption
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
Premium Human resource management Management
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
Premium The Culture Yoweri Museveni Kenya
Dr. Howard V. Perlmutter is a world authority on globalisation and pioneer on the internationalisation of firms‚ cities and other institutions. Trained as a mechanical engineer and as a social psychologist‚ Perlmutter 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
Premium Management Globalization Corporation
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
Premium Human resource management Human resources Management
Good evening lady & Gentleman. I’m ________‚a HR manager ‚well today I will explain a HR concept. For the begin‚ we are a HR department. So we need to planning and finding the workforce that effective knowledge for our firm. So you have to understand what workforce happen. For example education‚ workforce lifestyle‚ and population structure. Also and then we need to plan about appropriate wage &welfare for attract the people to interested our firm and would like to be our company
Premium Human resource management Management Employment
parent country: Parent Country Nationals(PNC) Ethnocentric Approach Host Country Nationals(HCN) Polycentric Approach Third Country Nationals(TCN) Re-Geocentric & Geocentric The Ethnocentric Staffing Policy: Few foreign subsidiaries have an autonomy and strategic decisions are made at the headquarters. Key positions in domestic and foreign operations are held by headquarters personnel. Subsidiaries are managed by staff from the home country. The ethnocentric staffing policy refers to the strategy of
Premium Human resource management Management Human resources
media presents. The authors are discussing the concept of multiculturalism in variety of contexts and are giving examples of how manipulated the term multiculturalism is in the media‚ politics and science. In this paper we’ll be focusing on the Polycentric Multiculturalism which is the last part of the first chapter “From Eurocentrism to Pollycentrism” (Shostat & Stam1994: 46 - 49). The first chapter gives a summary of the crucial debates concerning Eurocentrism‚ racism‚ multiculturalism‚ postcolonial
Premium Multiculturalism Political philosophy Power