Briefly describe the three types of managers commonly found in the foreign subsidiaries of MNEs. What are the distinctive traits of managers with a global mind-set?
What will be an ideal response?
There are three types of managers commonly found in the foreign subsidiaries of MNEs:
1. Parent-country nationals (PCNs). These managers are citizens of the country where the MNE is headquartered. They are also called "home-country nationals."
2. Host-country nationals (HCNs). They are citizens of the country where the MNE's subsidiary is located. They are typically the largest proportion of workers hired abroad and usually work in manufacturing, assembly, basic service activities, clerical work, and other nonmanagerial functions.
3. Third-country nationals (TCNs). They are citizens of countries other than the home or host country. They typically work in management and are usually hired because of their special knowledge or skills.
A geocentric orientation is synonymous with a global mind-set. Managers with a global mind-set are open to multiple cultural and strategic realities on both global and local levels. They do not force headquarters business methods on foreign subsidiaries.
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A) ultra vires clause B) dissolution clause C) general purpose clause D) limited purpose clause
According to data presented by the author, corporate tax rates in the United States are among the lowest across major economies
Indicate whether the statement is true or false