Question
If a company operating in a different country works the
manner exactly like the parent company, such orientation is called:Solution
In International business, a company may adopt various approach towards its recruitment and staffing. In an ethnocentric approach, the organization's key positions worldwide are filled with employees of the same nationality as its parent company. The other approaches include:Â
- Polycentric – A Polycentric approach is when you hire locals to fill positions in a foreign country.
- Regiocentric - A regiocentric approach to recruitment means that you either transfer or hire employees within the same geographic area to fill your open positions because their environment and culture closely match the host country.Â
- Geocentric - When a company adopts the strategy of recruiting the most suitable persons for the positions available in it, irrespective of their nationalities, it is called a geocentric approach. Â Â
What was the theme for World Bee Day 2025 celebrated by KVIC?
Odisha Chief Minister Naveen Patnaik inaugurated T-Setu, the state’s longest bridge over _____________ River in Cuttack district.
From which date is the revised CGSS guideline effective?
Who inaugurated Bharat Telecom 2025 in New Delhi?
Consider the following statements about Logistics Ease Across Different State (LEADS) 2023:Â
1.     Recently “Logistics Ease Across Diff...
Which South American country adopted India's UPI system for instant digital payments?
What is the primary objective of the 'Savings Account Portability Online' scheme introduced by Indian Overseas Bank (IOB)?
Which airline is merging with Air India on November 12, 2024?
Who has won the 2022 Australian Open Women's Singles Title?
The Mahakali Treaty, recently discussed in 2025, is an agreement between India and which country?