Choose Correct answer 2o The staffing policy that seeks the best people for key
ID: 1130308 • Letter: C
Question
Choose Correct answer
2o The staffing policy that seeks the best people for key jobs throughout the organization, a/ ethnocentric staffing policy b/ polycentric staffing policy c/ geocentric staffing policy d/ none of the above. by: 21/ Organized labor responded to the increasing bargaining power of the MNC's a/ trying to establish international labor organizations b/lobbying for national legislation to restrict multinational companies trying to achieve international regulation of multinational companies thru organizatio the U.NN d/all of the above 22/ An example of transnational financing is/are: a/ a German firm raising capital by selling stock on the London Stock Exchange. b/ CalPERS (the California pension fund) buying shares of Sony at the Tokyo Stock Exchange. c the Qatar sovereign investment fund buying Greek government bonds in Greece. d/ all of the above 23/ International accounting standards as issued by the IASB are required in the EU in order to facilitate a pan-European capital market. b/ are being aligned with the FASB's generally accepted accounting principles c/ have significantly helped counties like China and Russia to comply with investor requirements d/ all of the above. 24/ The moving of money across borders for a multinational corporation can best be accomplished by: a/ an effective transfer price policy. b/ the use of dividend payments by charging royalty payments and/or fees for services rendered d/ all of the above 25/ Lessard &Larange; point out different exchange rates that can be used to translate foreign currencies into the corporate currency in setting budgets and performance, they list: a/ the internal forward rate b/the projected rate c/ the performance rate d/all of the above 26/ The rule that allows a parent company to be taxed on foreign source income only when they receive the dividends is called the: a/ tax credit b/tax treaty c/ deferral principle d/none of the aboveExplanation / Answer
20. C
Explanation: In geocentric staffing, the company wants to put the best people in each position across the organization irrespective of the nationality of the candidates.