As for the reason, I …show more content…
In ethnocentric staffing, companies hire home personnel to fill a position in their international division. Polycentric staffing involves using local employees to fill an oversea position. Geocentric staffing involves employing someone to fill a position irrespective of origin or place of origin and region-centric staffing is when a company employs someone within a global region (Malamud & Rotenberg, 2010). Now, I have highlighted this definition to emphasize where I belong. I work with a company that employed me without considering where I come from. All that was required of me was to communicate one of the recognized languages within the region. Fortunately, I could speak English and manage to speak a little Dutch language. So it was possible to work in the company. Now, I learned that I belong to geocentric …show more content…
For me, any company that has an international division is a multinational company. However, this assumption of mine has been flawed. Companies in the domestic front are those who have their facilities, employees, and the market within the confine of one country. International companies are those companies that seek another market for their product because the domestic market is saturated (Malamud & Rotenberg, 2010). International companies often engage in exporting their products to countries and later establish facilities in those countries. While international companies export and establish few facilities outside their domestic market, multinational companies actually have facilities in most countries. This tactical establishment of facilities affords them the opportunity to maximize profits from low-cost production and distribution of products in different locations. In my perspective, transnational companies function similarly to multinational companies and their operations are rarely different except that a transnational company would combine the function of a multinational and international company together. From this understanding and analysis, I work with a company that operates