A key disadvantage of a polycentric staffing policy is that it limits the career mobility of subsidiary executives. The HRM requirements of a(n) ____ strategy are well matched with a geocentric staffing policy. A growing number of MNEs in Asia and Latin America are using performance-based pay to link compensation with business results. Sophia is an engineer with Prudent Dynamics. Prudent is sending Sophia to work in Pakistan for two years. Sophia’s husband Jeffrey and their two children are going with her. Prudent provides them funds to help Jeffrey locate work and for the family to learn cross-cultural interaction skills. Prudent is providing the family with a _____. - Pg 186 Human Resource Management activities work best when managers link them to firm strategy. Chapter 6 Political and Legal Systems ______ is when a government seizes a firm’s assets with compensation. Socialism centers on an ideology which views the group welfare of people as having more importance than that of a single individual. Of the following, which term relates to legal systems based on fair enforcement of clear rules? - Pg 213 India was once depicted as having a high level of country risk. Of the following choices, which most likely explains why? The term expropriation is used to describe the process of when a host- country government seizes the assets of a foreign firm without providing them any compensation in return.
Denmark Legal System (scenario) Downunder, a big sporting goods chain in New Zealand wants to open a store in Denmark. Downunder operates several stores around the world, Downunder executives understand that legal systems do vary from country to nation to nation. Having never opened a store in Denmark, the Downunder legal team is investigating Danish laws to determine how they would impact the firm and its ability to operate there. If Downunder decides to open a store in Denmark, which of the following would support that decision? Employees working in the host country subsidiaries of a multinational enterprise can be a valuable source of information regarding country risks that could prove harmful to the firm.
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- Economics, Correct Answer, Planned economy, pg