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In today's global business environment, global organizations must utilize all possible sources of intangible and tangible advantage, and human assets are one of these sources (Barney, 1991; Schuler & Rogovsky, 1998). The success or failure in a global context will be determined by its managerial capabilities, and the development of globally sophisticated managers is a major challenge in order to obtain global competitiveness (Hax, 1989). With knowledge & experience, they have the advantage to recognize the opportunities in the market.