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mylen [45]
3 years ago
13

Identify needed skills of employees and managers. Compare the use of ethnocentric, polycentric, and geocentric approaches to sta

ffing. (Most organizations need employees skilled in clerical work, marketing and sales, and financial planning. Also identify needed technical skills for production, research, and maintenance.
Business
1 answer:
Lynna [10]3 years ago
5 0

Employers especially those holding managerial positions require some skills to enable them reach organizational objectives and to levitate professionally. While these skills may not be applicable in all work settings considering factors like Type of work, position held, work style and culture of the organization, there are genetic skills to be acquired by all managers and are widely applied across different organizations. They include in no particular order, planning, decision making, communication, critical thinking, delegation, problem solving, motivating etc. Staffing is process employed by different organizations to fill up vacant positions. Many companies use different approaches to staffing but the three most commonly used is the ethnocentric, polycentric and geocentric approaches. In ethnocentric approach, managerial positions are held by nationals of the parent company following their reliance on norms and practices while in polycentric approach, top management positions are held, predicated similarly to the ethoncentric approach by norms and practices, by corporate personnels from the Local company. Lastly in geometric staffing approach, upper management positions are held by qualified individuals regardless of their nationality. The best candidate lead from the front as nationality isn't much stressed.

The needed technical skills for production, research and maintenance include strong attention to detail, effective communication skills, strong writing skills, technical know how, delegation, training skills etc

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Giving the following information:

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.

<u>The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.</u>

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Increase in salary= 52,000*1.025= $53,300

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To maintain her purchasing power, now, she needs to earn $54,054.05.

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