Disadvantages of ethnocentric-polycentric and geocentric

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Reference no: EM131125830

Please provide at least one full paragraph for each question posed.

1: What are the main advantages and disadvantages of the ethnocentric, polycentric, and geocentric approaches to staffing policy? When is each approach appropriate?

2: Research suggests that many expatriate employees encounter problems that limit both their effectiveness in a foreign posting and their contribution to the company when they return home. What are the main causes and consequences of these problems, and how might a firm reduce the occurrence of such problems?

3: What is the link between an international business’s strategy and its human resource management policies, particularly with regard to the use of expatriate employees and their pay scale?

4: In what ways can organized labor constrain the strategic choices of an international business? How can an international business limit these constraints?

5: Reread the Management Focus on McDonald’s global compensation practices. How does McDonald’s approach help the company to take local differences into account when reviewing the performance of different country managers and awarding bonus pay?

Reference no: EM131125830

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