Discuss the below:
Q: What are the main advantages and disadvantages of the ethnocentric, polycentric and geocentric approaches to staffing policy? When is each approach appropriate? Research suggests that many expatriate employees encounter many problems that limit both their effectiveness in a foreign posting and their contribution to the company when they return home. What are the main causes and consequences of these problems, and how might a firm reduce the occurrence of such problems? Please introduce a relevant current events story from the news, provide a link to the story, a proper citation and your comments, summary or interpretation of the story and its relevance to our studies this week.