INTERNATIONAL BUSINESS Distinguish between Ethnocentric and Polycentric Human imaging Management policies used by Multinational Corporations, clearly outlining the advantages and disadvantages of each. ethnocentric POLICY The ethnocentric staffing policy refers to the strategy of a multinational guild to employ managers for key positions from the parent home instead of employing local staff. In the ethnocentric come near, the cultural values and business practices of the home base country are predominant. Headquarters develop a managing and staffing approach and consistently applies it throughout the world. Companies following the ethnocentric approach get in the home country approach is best and that employees from other part of the world can and should follow it. Managers from headquarters develop practices and consume got key positions in the subsidiaries to ensure consistency. Reasons for adopting an ethnocentric approach in the staffing of operations include: Starting up operations in host countries. This is a critical stage, and there is a destiny to place individuals in host countries that are fully certain of the needs of the multinational and any specifications that have been set by the headquarters.
Normally it is individuals who are most familiar with the goals and demands of the multinational and who have been with the corporation for some time. Technical expertise; Many quantify multinational corporations need to transfer scientific and technological knowledge, professed(prenominal) expertise, and managerial skills into new operations. In many cases the knowledge and skills do not exist in the local workforce, especially if the harvest-time is highly specialized and utilizes cutting edge technology. Therefore, it is necessary to position home country nationals in host country operations. attention of financial control and facilitation of coordination; A major need for the headquarters is effective and efficient communication as well as trust with key... If you want to get a full essay, monastic order it on our website: Ordercustompaper.com
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