Which of the following is true with regard to training and compensating host-country nationals?
A)HCNs are rarely offered training in global business and Internet technology within their home corporations.
B)The traditional lifetime employment and guaranteed tidy pension of the East are being increasingly adopted by the West.
C)Many multinationals wish to train their employees to bridge the divide between the firm's successful corporate culture and practices, and the local culture and work practices.
D)In contemporary times, MNCs rarely have a global pay strategy in place.

Question

Quizplus · Accepted Answer

Many multinationals recognize the importance of training and compensating host-country nationals to bridge the gap between the firm's corporate culture and the local culture. This helps create a harmonious work environment and facilitates understanding and communication among employees. The option A is incorrect because many MNCs offer training to HCNs to develop their skills and enhance their potential. The option B is incorrect because the trend in the West is moving away from the traditional lifetime employment and guaranteed pensions. The option D is incorrect because MNCs often have a global compensation strategy in place, but they may tailor it to fit the local market conditions.

Which of the Following Is True with Regard to Training