INTB 1203 Lecture Notes - Lecture 18: Organizational Culture, W. M. Keck Observatory, Cirque Du Soleil
Document Summary
Expat failure rates: us & european firms inability of spouse to adjust. Japanese firms inability to cope with larger overseas responsibilities: repatriation can be stressful. Cosmopolitan outlook: acquired early in life, bicultural families, living abroad, learning foreign languages, psychological testing can be used to assess, yet 90% of selection is typically based on technical expertise instead. Compensation: pay executives the same everywhere or according to local rates, ethnocentric determine expat premium, polycentric country-specific, geocentric logic suggests global compensation, but not widespread, http://globaledge. msu. edu/reference-desk, compare living costs abroad with us government index. Mncs can use threat of moving production. Mncs can keep high-paying jobs in home country. Mncs may try to impose home-country employment and work practices. Ib in the news (cid:498)only 39% of singapore respondents who have lived aboard want to retire here(cid:499) It illustrates the fact that retiring overseas has become global. High quality of life: low cost of living, top one country to retire in: singapore.