Can you provide the explanations of the three approaches in “Staffing Policy” which are “Ethnocentric, Polycentric, and Geocentric approach” and provide examples?
Expert Answer
Ethnocentric staffing involves hiring the most important positions in foreign subsidiaries with the nationals of the parent country. This is usually preferred over other staffing techniques as the nationals of the parent country are believed to better represent the interest of the home office and also because they are well versed with the unique features of the home country. Most of the employees in this system are selected from the parent country and deployed to
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured