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Monday, December 2, 2013

Expatriate Failures

expatriate lastures EXPATRIATE FAILURES The internationalization of business has proceeded at a rapid pace as the world has become a global economy.(Mathis, Jackson 2000) This is the very ground why companies today have the need for international executives. As all aspects of a business spread worldwide, so must the employees. An expatriate by definition is a home-county national, usually an employee of the firm, who is sent abroad to set up a foreign subsidiary.
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(Rodrigues, 2001) A successful expatriate generally requires an extensive amount of time and money, however, a failed expatriate discharge be even more costly for an organization. A bringing up of multinational corporations showed that 69% (of the firms surveyed) had recall rates of expatriates between 10 to 20 percent. Compared to Japan and their figures, (86% of firms had less than 5% recall rate) the give back in States has room for improvement. (Tung, 1981) There are many reason for expatriates to fail and man...If you want to get a full essay, set up it on our website: OrderCustomPaper.com

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