FUNDAMENTALS OF MANAGEMENT
FUNDAMENTALS OF MANAGEMENT
11th Edition
ISBN: 9780135809761
Author: Robbins
Publisher: PEARSON C
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Chapter 8, Problem 8DQ
Summary Introduction

To determine:

The suggestions on how to be the more creative person

Introduction:

Innovation is the key to business success. In the present era of tough competition, a company can survive with its innovative products. The technology is an important feeder of innovation. Most of the successful companies spend a lot on research, technologies, and innovation; because they know that they can compete only with the help of innovative products.

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Why do you think there is so much variation in how companies handle global training and development for their employees?   Some firms adopt what is called an ethnocentric staffing model. Firms that use this model primarily use parent-country nationals (PCNs) to staff higher-level foreign positions. This strategy is based on the assumption that home-office perspectives and issues should take precedence over local perspectives and issues and that PCNs will be more effective in representing the views of the home office in the foreign operation   Other international businesses adopt what is called a polycentric staffing model that calls for a much heavier use of host-country nationals (HCNs) from top to bottom throughout the organization. Thus, polycentric staffing is used with the assumption that such individuals (i.e., HCNs) are better equipped to deal with local market conditions. Organizations using this approach usually have a fully functioning HR department in each foreign subsidiary…
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