Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 2 Headquarters (HQ) has the authority to decide over subsidiaries and may for various reasons not use this authority. This is especially for MNCs

image text in transcribed
QUESTION 2 Headquarters (HQ) has the authority to decide over subsidiaries and may for various reasons not use this authority. This is especially for MNCs that give high autonomy to their subsidiaries, HQs use management ideas with industry legitimacy to coordinate a management practice amongst its subsidiaries Similar cultural factors such as social norms, customs, traditions, and values that exist between the parent country of an MNC and subsidiary host country influence a high degree of standardization across HRM practices. Maharjan and Sekiguchi (2017) stated that international human resource management approaches adopted by Multinational Companies' headquarters determined the implementation of standardization and localization across HRM practices. There have been four popular approaches namely ethnocentric, geocentric, regiocentric, and polycentric. Based on the above, answer the following question: a) Discuss how an MNC can utilize the extent of global integration and local responsiveness for FOUR (4) staffing approaches to have good impacts on Multinational companies' performance. b) If you were to propose succession planning in MNCs, discuss how it can be a successful practice. Include four points in your discussion

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management Creating Value Along the Supply Chain

Authors: Roberta S. Russell, Bernard W. Taylor

7th Edition

9781118139523, 0470525908, 1118139526, 978-0470525906

More Books

Students also viewed these General Management questions

Question

6. What do we call a good whose income elasticity is less than 0?

Answered: 1 week ago