Geodyne, a United States-based player in the energy business is clear-cut in its human resources policy with regard to international expansion. While U. S. nationals staff key positions at its Orlando, Florida headquarters, it recruits locals to manage subsidiaries in each country that it goes into. Which of the following is an advantage of Geodyne's polycentric staffing approach?

It is less expensive to implement as compared to other staffing approaches.

It is more expensive to implement as compared to other staffing approaches.

none of above

all of above

Question

Social Studies

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20 May, 03:35

Geodyne, a United States-based player in the energy business is clear-cut in its human resources policy with regard to international expansion. While U. S. nationals staff key positions at its Orlando, Florida headquarters, it recruits locals to manage subsidiaries in each country that it goes into. Which of the following is an advantage of Geodyne's polycentric staffing approach?

It is less expensive to implement as compared to other staffing approaches.

It is more expensive to implement as compared to other staffing approaches.

none of above

all of above

+4

Answers (1)

Know the Answer?

Roselyn Dodson · Answer 1

It is less expensive to implement as compared to other staffing approaches.

Explanation:

Polycentric staffing strategy is a staffing system used by some multinational corporations whereby the staff base/managers in their firms around the world are made up of indigents of the operating country. This method of staffing is cheaper because relocation cost from the parent country of the company is removed and other logistic cost of bringing in staff from the parent country of the company is removed as is practiced in ethnocentric staffing.