D) geocentric orientation. A company with a geocentric orientation views the world as a potential market and strives to develop integrated global strategies. A U.S. company that focuses on the countries included in the North American Free Trade Agreement (NAFTA) has a regiocentric orientation.
It enables the firm to make the best use of its human resources. What is the advantage of a geocentric staffing policy? A. It requires firms to provide little or no documentation to hire a foreign national. B. It enables firms to build a cadre of international executives who feel at home working in a number of cultures.
There are vast differences in local market needs in the consumer food business across the world. Yamaguchi Media, a Japanese multinational advertising agency, specializes in the food industry. Toward this, Yamaguchi Media uses a geocentric staffing approach.
Societies that have a nurturing orientation value the quality of life, warm personal relationships, and services and care for the weak. According to Hofstede, societies that have a nurturing rather than an achievement orientation would be most likely to value ________.
personal relationships. Societies that have an achievement orientation value assertiveness, performance, success, competition, and results. Societies that have a nurturing orientation value the quality of life, warm personal relationships, and services and care for the weak.
Global outsourcing has grown enormously to take advantage of national differences in the cost and quality of resources such as labor or raw materials that can significantly reduce manufacturing costs or increase product quality or reliability.
A cell phone company in the U.S. contracts with a company in China to produce batteries. Global outsourcing occurs when a company contracts with suppliers in other countries to make the various inputs or components that go into its products or to assemble the final products to reduce costs.