BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

INTERNATIONAL MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Multinational companies often use ____, or individuals from the home country to staff management positions.
A
Internal interns
B
international experts
C
Expatriates
D
Consultants
Explanation: 

Detailed explanation-1: -Expat employees often have exposure to international markets. They are familiar with what drives organizations in other parts of the world, what concerns them, and what they see as non-negotiable in terms of operational and cultural values.

Detailed explanation-2: -U.S. companies have historically defined expatriates as employees who are asked to work outside their home countries for a period of time with the intent of eventually returning to their home countries. Expatriates who are from the country where the company is headquartered are referred to as headquarters expatriates.

Detailed explanation-3: -There are four primary approaches that multinational companies use in staffing decisions, including geocentric, ethnocentric, polycentric, and regiocentric approaches. The geocentric staffing approach does not focus on one nationality over the other.

Detailed explanation-4: -They collect host country information and can act as a representative for their firm in interorganisational business in the host country. Here expatriates can be the one who helps bridge the gap between members of staff speaking different languages.

There is 1 question to complete.