Chapter 13 & 14 - HRM and Marketing

Question 1

Host-country national (HCN)

Answer 1

someone from the host country that works for an MNE

Question 2

Parent-country national (PCN)

Answer 2

someone who comes from the parent country of the MNE and works at its local subsidiary

Question 3

Third-country national (TCN)

Answer 3

someone who is from neither the parent country nor the country of the MNE

Question 4

Choosing Foreign Managers: Polycentric approach

Answer 4

an emphasis on the norms and practices of the host country

Question 5

Choosing Foreign Managers: Geocentric approach

Answer 5

focuses on finding the most suitable managers, who can be PCNs, HCNs, or TCNs

Question 6

Going rate approach

Answer 6

a compensation approach that pays expats the going rate for comparable position in a host country