Describe the three approaches to managing an international ...

[theo]

Describe the three approaches to managing an international subsidiary.
 
  What will be an ideal response?

Question 2

Selecting the best alternative among multiple criteria is referred to as
 
  A) satisficing.
  B) optimizing.
  C) decision making.
  D) opportunistic.

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Answer to Question 1

The three approaches to managing an international subsidiary are the ethnocentric, polycentric, and geocentric approaches. The ethnocentric approach involves filling top management and other key positions with people from the home country  known as expatriates. In the polycentric approach, international subsidiaries are managed and staffed by personnel from the host county (known as local nationals). The geocentric approach involves the firm actively searching on a worldwide or regional basis for the best people to fill key positions. Many of these individuals are likely to be third-country nationals.

Answer to Question 2

B

[theo]

Excellent

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