If you were an owner of an international and rapidly growing high-tech firm making sophisticated computer chips for medical equipment a) From the three basic approaches to manage an international company (ethnocentric, polycentric, and geocentric approaches). What do you think is the best approach and why? (b) Do you think an international firm should have local managers in all important posts? Why or why not? Please give clear insights.

If you were an owner of an international and rapidly growing high-tech firm making sophisticated computer chips for medical equipment a) From the three basic approaches to manage an international company (ethnocentric, polycentric, and geocentric approaches). What do you think is the best approach and why? (b) Do you think an international firm should have local managers in all important posts? Why or why not? Please give clear insights.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section6.6: Strategies For Expanding Globally

Problem 1DQ: Why did Bayer Crop Science decide to move from its original regional organization of units to a more...

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