Assignment Problem: Headquarters (HQ) has the authority to decide over subsidiaries and may for various reasons not use this authority. This is especially for MNCs that give high autonomy to their subsidiaries; HQs use management ideas with industry legitimacy to coordinate a management practice amongst its subsidiaries. Similar cultural factors such as social norms, customs, traditions, and values that exist between the parent country of an MNC and subsidiary host country influence a high degree of standardization across HRM practices. Maharjan and Sekiguchi (2017) stated that international human resource management approaches adopted by Multinational Companies' headquarters determined the implementation of standardization and localization across HRM practices. There have been four popular approaches namely ethnocentric, geocentric, regiocentric, and polycentric. Based on the above, answer the following question:
a) Discuss how an MNC can utilize the extent of global integration and local responsiveness for FOUR (4) staffing approaches to have good impacts on Multinational companies' performance.
b) If you were to propose succession planning in MNCs, discuss how it can be a successful practice. Include four points in your discussion.