is the most attractive approach and why? The 3 types of staffing policies are ethnocentric‚ polycentric‚ and geocentric. Ethnocentric approach fills key management position with parent-country nationals. Advantage: * Overcome the lack of qualified manager in host country * Unify corporate culture. * Transfer parent-country nationals’ core competency to host-country operation. Polycentric approach requires host-country nationals to manage subsidiaries and parent-country nationals
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a. What are the main advantages and disadvantages of the ethnocentric‚ polycentric‚ and geocentric approaches to staffing policy? What is each approach appropriate? “An ethnocentric approach to staffing policy fills all key management positions in an international business with parent-country nationals” (p. 531). The advantages of the ethnocentric approach are: Overcomes lack of qualified managers in host country‚ unified culture‚ and helps transfer core competencies. The disadvantages of the
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might ignore this valuable piece of information. Since white was chosen over red in focus groups inside of the United States‚ white must be preferred to red universally regardless of where the product is being sold. POLYCENTRIC MANAGEMENT ORIENTATION Management holding a polycentric orientation‚ on the other hand‚ believes that each country is unique and therefore it allows its subsidiaries to have more control in developing strategies that will work in a particular country. “Since each country
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"Managing Across Cultures". Florida‚ the United States. [Internet]. Available at <www.bus.ucf.edu/lmigenes/internmgmt/NEW%20chpt%205.ppt>. Access Date [ 15th October‚ 2007]. Dictionary.Com‚ 2005. "Polycentric". [Internet]. Lexico Publishing Group‚ LLC. Available at <http://dictionary.reference.com/search?q=polycentric>. Access Date [23rd November‚ 2005]. Ethics Quality. 2004A. "Culture Management". [Internet]. United States. Ethics Quality for Organizational Excellence. 2004. Available at <http://www.ethicsquality
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best choice. The best candidate from an ethnocentric point of view is either Tom Wallace or Brett Harrison. Wallace has the edge over Harrison due to his longer tenure with TCT and relevant experience with a similar operation in the U.S. From a polycentric approach‚ Saumitra Chakraborty would be the best selection. Although young‚ he is well connected with the local business community and would be best able to integrate TCT’s operations into the local situation. From a geocentric perspective‚ Jalan
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Week 9 DQ 2. Describe your staffing approach (ethnocentric‚ polycentric‚ or geocentric) and why you are choosing this approach. In doing business in a Japan‚ the polycentric staffing approach would work best. In this approach Host country nationals occupy positions in the foreign subsidiary. Some transfers of HCNs to headquarters also take place. The approach eliminates the language barriers‚ and typically HCNs are less expensive. This policy is best used when companies want to keep hiring
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procurement‚ and the marketing mix. Whether a company chooses to standardize or adapt its operations depends on its attitudes toward different cultures. These attitudes are defined by three orientations toward foreign culture: ethnocentric‚ polycentric‚ and geocentric. Ethnocentric Model Ethnocentrism has a socio-psychological dynamic that is broadly used to describe human behavior in and between contradistinctive cultures. The roots of ethnocentrism stem from a sociological construct explaining
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Coca-Cola 8/16/2013 1. What is Coca-Cola’s staffing policy for managerial position: ethnocentric‚ polycentric‚ or geocentric? Does this policy make sense? I believe Coca-Cola’s staffing policy for managerial positioning is primarily polycentric; however‚ I also believe it involves many characteristics of both ethnocentric and geocentric staffing policies as well. According to Dowling‚ et al‚ a polycentric staffing approach involves the multinational enterprise treating each subsidiary as a distinct
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Gamescorp in China ENU Wei Bingxue Content 1.0 Cultural differences between China and British 3 2.0 Significance of different culture on HRM approach 6 3.0 Orientation of the organization 7 4.0 Practices and polices for the recruitment and selection 9 5.0 Conclusion 11 References
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investment‚ world economic trends such as privatization and finally‚ opportunities to use leverage‚ corporate culture‚ and the continuing presence of national controls that create trade barriers. 3. Describe the difference between ethnocentric‚ polycentric‚ regiocentric‚ and geocentric management orientations. The premise of an ethnocentric orientation is that home country products and management processes are superior. An ethnocentric company that neither sources inputs from‚ nor seeks market
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