This
paper explains that there are many factors which must be considered by a company when moving
personnel to
foreign countries: Language and
culture issues, work ethic issues, management style issues, fairness and equity issues, economic issues, skill and talent issues, legal,
political and security issues and the
transferability of credentials. The author reflects that the management styles are used by companies when developing in to a new country are: Ethnocentric (top management positions are filled by people from the home country); polycentric (staff at the foreign
branch all comes from the host country), and geocentric (the people working at the foreign branch are taken from countries worldwide). The paper points out that Japanese corporate law is changing, in response to the increasingly competitive global market, which has the effect of opening up the Japanese market to more international businesses.