Which of the Following Statements Is a Characteristic of Polycentrism

question 22

Multiple Choice

Which of the following statements is a characteristic of polycentrism?

• A)It is the belief that the best way to maximize a firms' profits is to adapt to the practices found in foreign countries.
• B)It is the belief that your own country offers the best way to manage in a foreign country.
• C)It is characterized by two-way,give-and-take communication that fosters mutual understanding and community.
• D)It is a means of developing new practices than a process of picking and choosing the "best of" existing practices from around the world.

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Definitions:

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of stakeholders.

Shareholders

Individuals or institutions that own shares in a corporation, giving them ownership stakes and typically the right to vote on corporate matters.

Managers

Individuals responsible for making decisions about the investment and administration of funds, or overseeing operations in various types of enterprises.

Securitization

The process of pooling various types of contractual debt like mortgages and selling them as bonds to investors.