Basing a communications budget on sales from the previous year or anticipated sales for the next year is which method?

A) percentage of sales
B) meet the competition
C) what we can afford
D) payout planning

A

Business

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Which of the following is a drawback of adopting a polycentric staffing approach?

A. It is expensive to implement. B. It leads host-country managers to make mistakes due to cultural misunderstandings. C. It limits advancement opportunities for host-country nationals. D. It invariably makes a firm suffer from cultural myopia. E. It bridges the gap between the headquarters of a firm and its foreign subsidiaries.

Business

How is a geocentric staffing policy beneficial to a firm?

A. It requires the firm to provide little or no documentation to hire a foreign national. B. It is inexpensive to implement. C. It helps the firm follow a localization strategy. D. It allows all key management positions to be filled by parent-country nationals. E. It enables the firm to make the best use of its human resources.

Business