Answered: From the following, please identify the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

From the following, please identify the 2 statements that are true as well as the 2 statements that are false.

A) Upon selection of an executive for an expatriate posting, the most common predeparture training involves a range of instructive profiles of major aspects of the host country.

B) Companies have found that superior human resources are instrumental to improving their ability to create and sustain competitive advantage.

C) Companies around the world typically find it easy to locate a number of executives able and willing to run foreign operations.

D) An ethnocentric staffing policy is well matched with a multidomestic strategy.

Expert Solution

Introduction.

In the world of international business, it is crucial for companies to have a clear understanding of the strategies and policies they adopt when it comes to staffing and training their executives for foreign postings.
This involves carefully considering factors such as the training provided, the role of human resources, the availability of executives, and the best staffing policies to adopt.
The following statements aim to shed light on some of these considerations and provide insight into common practices in this field.