advantages and disadvantages of polycentric approach
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Advantages
The difficulty in the adjustment of expatriates from the parent country gets eliminated.The hiring of locals or the nationals of the host country is comparatively less expensive.
Disadvantages
Lack of coordination between the host and the parent company, due to the absence of a link that gets created when expatriates from the parent country hold the managerial positions at the subsidiary.The lack of effective communication between the staff members of both the host and the parent company, due to the language barrier.Difficult to exercise control over the subsidiary.
The difficulty in the adjustment of expatriates from the parent country gets eliminated.The hiring of locals or the nationals of the host country is comparatively less expensive.
Disadvantages
Lack of coordination between the host and the parent company, due to the absence of a link that gets created when expatriates from the parent country hold the managerial positions at the subsidiary.The lack of effective communication between the staff members of both the host and the parent company, due to the language barrier.Difficult to exercise control over the subsidiary.
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