Question: There are vast differences in local market needs in the consumer food business across the world. Yamaguchi Media, a Japanese multinational advertising agency, specializes in
There are vast differences in local market needs in the consumer food business across the world. Yamaguchi Media, a Japanese multinational advertising agency, specializes in the food industry. Toward this, Yamaguchi Media uses a geocentric staffing approach. Which of the following is an advantage of adopting a geocentric staffing approach for Yamaguchi Media?
It tends to promote a unified culture and reduce cultural myopia.
It is inexpensive to implement.
It reduces the costs of value creation.
It allows all key management positions of a firm and its subsidiaries to be filled by parentcountry nationals.
It requires minimal documentation for hiring foreign nationals.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
