BUS 432 Study Guide - Final Guide: Analytical Skill, Extraversion And Introversion

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 432
• Professor: Dave Thomas

Document Summary

Types of employees mne have (advantages and disadvantages of each type) Difference in recruitment and selection process around the world. Pcn parent country national employee from parent country (expatriate) Hcn host country national employee from host country (local employee) Tcn third country national an employee that is not from host country or parent country (global managers) . Familiar with company goals, objectives, policies and practices. Familiar with socioeconomic, political, legal environment of host country. Lower cost of hiring an hcn compared to pcn and tch. Promotes opportunities for local national, increases their commitment and motivation. Compromise between technical expertise and adapting to foreign environment. Tcn may be more informed about host environment than pcn. Difficulty adapting to foreign subsidiary"s language, culture, socioeconomic & legal environment. More expense to select, train, and maintain expatriates+ family abroad. Pressure from host country in localizing operations. Difficult to exercise control over subsidiaries operations. Lack of opportunities for pcn to get international experience.