International Management - Quiz

According to Allan Halcrow in the Personnel Journal, what will be the only source of competitive advantage in the new millennium?

• Technology

• Caliber of the people

• Marketing strategies

• Financial resources

Which staffing approach involves filling key managerial positions with people from the headquarters?

• Polycentric Staffing

• Geocentric Staffing

• Ethnocentric Staffing

• Regiocentric Staffing

In which staffing approach are local managers, also known as host-country nationals (HCNs), hired to fill key positions in their own country?

• Ethnocentric Staffing

• Polycentric Staffing

• Geocentric Staffing

• Regiocentric Staffing

What is one advantage of the ethnocentric/PCN approach?

• Lack of development of local managers

• Familiarity with company goals, products, technology, policies, and procedures

• Poor adaptation and lack of effectiveness of expatriates

• Impacts moral and commitment

What is one disadvantage of the ethnocentric/PCN approach?

• Familiarity with company goals, products, technology, policies, and procedures

• High cost of training local managers

• Lack of development of local managers

• Increased local market knowledge

Which of the following is NOT a disadvantage of the ethnocentric/PCN approach?

• Lack of development of local managers

• Poor adaptation and lack of effectiveness of expatriates

• Familiarity with company goals, products, technology, policies, and procedures

• Impacts moral and commitment

What is one advantage of the polycentric/HCN approach?

• It is more expensive to hire a local.

• Local managers can help with sensitive political issues.

• HQ managers get valuable experience.

• It is easier to coordinate with HQ.

What is one disadvantage of the polycentric/HCN approach?

• It is less expensive to hire a local.

• Local managers can help with sensitive political issues.

• Difficulty of coordinating with HQ.

• Some countries may require it.

What is a key characteristic of the global staffing approach?

• Managers are recruited only from within the company.

• Managers are recruited regardless of nationality.

• Managers are recruited only from outside the company.

• Managers are recruited based on regional experience.

Which of the following is a benefit of the global staffing approach?

• It limits the pool of candidates.

• It is less cost-effective.

• It provides a greater pool of candidates to choose from.

• It focuses on regional experience.