This is false. It is not true that multinational corporations mostly refrain from using host-country managers at the middle- and lower-level ranks.
A corporate entity that owns and manages the production of goods or services in at least one nation other than its own is referred to as a multinational firm.
Typically, a company's first priority is to boost growth and profitability. It might think that opening operations abroad is worthwhile if it can expand its client base internationally and boost its market share there.
It is untrue that multinational firms tend to avoid hiring managers from host countries at the middle and lower levels of the organization.
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