Why Do Many Mncs Continue To Recruit Internally From The Home Country Instead Of The Local Labour Market When Seeking To Hire Managerial Staff For Overseas Subsidiaries? What Are The Limitations Of This Approach And How
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Title: Why Do Many Mncs Continue To Recruit Internally From The Home Country Instead Of The Local Labour Market When Seeking To Hire Managerial Staff For Overseas Subsidiaries? What Are The Limitations Of This Approach And How

Essay Details:

Subject: Business
Author: Angela G
Date: August 22, 2014
Level: University
Grade: A
Length: 5 / 1473

Essay text:

However, limitations exist when adopting this approach in various aspects of the process. These limitations are associated with the failure of the international assignments and are addressed in this paper in order to deduce comprehensive suggestions for management that will minimise or at least reduce the risk of failure, that the hiring of PCNs at overseas subsidiaries pose. The choice of hiring a PCN instead of a HCN for an assignment in a foreign country can be defined as the ethnocentric approach to recruitment. It uses PCNs, the majority of the time when filling key positions. This occurs when a high degree of control and co-ordination is required by the MNC...

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