Q.10 Polycentric approach is also known as
1. Host country approach
2. llome country approach
3. Global approach
-4. Ilybrid approach (both home and host)
Answers
supongo que el primero
The given question is about Business Studies.
Option 1. The host country approach is the correct answer.
The polycentric approach is also known as the Host country approach. As the alternative name suggests, this is a management policy approach that focuses more on the employees of the host country while hiring or promoting their workers. This helps the company to reduce the induction formalities and also helps in cost cutting. As all the employees hired or promoted belong to a particular area and working in the same host country helps them get familiar with the work environment and helps them understand and adjust better.
Since every coin has two sides, similarly this approach has it's negative too. On one hand, the policy can be extremely beneficial for the growth of the country as the employees get better job opportunities and as a result the unemployment of the nation reduces. The morale of the workers also increases as they get job security and are promoted and given importance over others. At the same time, global relations might suffer. All the employees are from one country due to which some communication problems arise, they might be unable to understand the work culture of other countries, they might be insensitive towards people of other nations and might not be able to connect to them. This might hamper workers to work in other countries and find it difficult to adapt to different values.
This approach is beneficial for both the employees and the company but has its shortcomings too.
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