An Analysis of Virtual Staffing in Multinational Enterprises: A Report
VerifiedAdded on 2022/10/18
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Report
AI Summary
This report provides an overview of virtual staffing within multinational enterprises (MNEs). It begins by explaining why MNEs utilize virtual forms of global staffing, highlighting the need for round-the-clock market presence and the increasing demands for products and services. The report then explores the concept of customer service centers and the global staffing strategies employed to meet customer needs across different time zones. It delves into different approaches to global staffing, including ethnocentric, polycentric, geocentric, and regiocentric approaches, and provides a case study on Microsoft's virtual staffing practices, detailing its selection procedure and the advantages it offers, such as cost and time savings, impartiality, and access to a global talent pool. The report also discusses the disadvantages of virtual staffing, such as the potential for fraud, difficulty in measuring effectiveness, and the challenges in filtering a large pool of applicants. The conclusion emphasizes the efficiency of virtual staffing in recruiting staff, the increasing importance of this method due to rising internet usage, and its positive impact on job markets, particularly for the youth.
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