What is the term for a management philosophy where the prevailing attitude is that home-country management style and knowledge are superior to anything the host country can offer?
Explanation
This question tests the definitions of the different value systems that drive a company's international staffing policy.
Other questions
What is the primary focus of International Human Resource Management (IHRM), according to the text?
According to the Hofstede study mentioned on page 446, what does the cultural value of 'power distance' represent?
What is the term for employees who work for a company abroad and are citizens of the country where they are working?
An ethnocentric staffing policy, as described on page 450, primarily involves filling key management jobs with which type of individuals?
What is the most common approach to formulating expatriate pay, designed to equalize purchasing power across countries?
According to a study cited on page 456, what is the primary reason that international assignments for expatriates fail?
What are the three best practices for MAKING a global HR system more acceptable to local managers, as outlined on page 457?
A polycentric staffing policy is characterized by staffing foreign subsidiaries with which group?
What is the term for the process where German employees have a legal right to a voice in setting company policies by electing representatives to the supervisory board?
Agilent Technologies estimated that the cost to keep an expatriate abroad for one year was about how many times their annual salary?
What is the guiding principle of a repatriation program, according to the text on page 456?
According to the text, what percentage of U.S. managers sent abroad are women?
What is the primary purpose of adaptability screening for expatriate candidates?
According to one study, what percentage of returning expatriates resign if their firms have formal repatriation programs?
What is a 'localization' policy in the context of international assignments?
In the balance sheet approach to compensation, what are the four main home-country groups of expenses that the employer focuses on?
What is the term for a group of geographically dispersed coworkers who interact using a combination of telecommunications and information technologies to accomplish an organizational task?
According to the Mercer survey on page 449, what is a common step HR managers are taking to reduce expatriate costs?
What does a geocentric staffing policy prioritize when filling key jobs?