Asked by Diana Eynullaeva on Jul 04, 2024
Verified
Describe the terms parent country, host country, and third country.
Parent Country
The nation where a multinational company is headquartered or originally established.
Host Country
The country in which a multinational company operates a facility or office outside of its home country.
Third Country
A nation other than the two primarily involved in a transaction or event, often used in the context of diplomatic relations or international business.
- Examine the cultural factors affecting international HR management and the selection process for expatriate staff.
Verified Answer
ZK
Zybrea KnightJul 04, 2024
Final Answer :
When organizations operate globally, their employees are very likely to be citizens of more than one country. Employees may come from the employer's parent country, a host country, or a third country. The parent country is the country in which the organization"s headquarters is located. A host country is a country (other than the parent country) in which an organization operates a facility. A third country refers to a country that is neither the parent country nor the host country. The organization may or may not have a facility in the third country.
Learning Objectives
- Examine the cultural factors affecting international HR management and the selection process for expatriate staff.