Future shock can be avoided by developing a sophisticated model of a closed system
Indicate whether the statement is true or false
False
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What is the role of the International Development Agency (IDA) and the International Finance Corporation (IFC) in connection with the World Bank?
What will be an ideal response?
Which of the following is a drawback of the polycentric approach?
A) Host-country nationals become more committed to company headquarters than to their local colleagues. B) Successful local units may increasingly function independently and pay less attention to headquarters. C) Local units depend too much on headquarters for resources and innovations, with little incentive to develop their own. D) Local managers study international business and cultural practices in other markets in preparation for international assignments at the expense of not fully investing in understanding the host country.