Explain the meaning of ethnocentrism, polycentrism, and ...

[EAugust]

Explain the meaning of ethnocentrism, polycentrism, and geocentrism and how those values might affect a multinational company's staffing policy.
 
  What will be an ideal response?

Question 2

Being childless makes it easier for spouses to adjust to living overseas because of less stress.
 
  Indicate whether this statement is true or false.

[fur]

Answer to Question 1

Answer: Firms with an ethnocentric value system believe that the knowledge and methods used in the home country are superior to those elsewhere. Consequently, these firms will prefer to staff managerial positions in foreign subsidiaries with home-country nationals. Firms with a polycentric view believe that only host-country nationals can really understand the local culture and customs. These firms will choose locals for managerial positions in international locations. Finally, firms with a geocentric view believe that the best managers could be anywhere. They will likely use a mix of locals, home-country nationals, and third-country nationals.

Answer to Question 2

Answer: FALSE

[EAugust]

Excellent

[xiaomengxian]

Thanks for the timely response, appreciate it