Which One of the Following Statements Is True for the Various

question 68

Multiple Choice

Which one of the following statements is true for the various management attitudes?

• A)An organization characterized by the geocentric attitude incurs high travel and training expenses.
• B)The ethnocentric attitude reflects the belief that because foreign managers are closer to foreign organizational units,they understand them better.
• C)The ethnocentric attitude is generally thought to be the most appropriate for managers in multinational corporations.
• D)The polycentric attitude often causes resentment toward the home country within the foreign society.
• E)Managers with a geocentric attitude stereotype home-country management practices as sound and reasonable and foreign management practices as faulty and unreasonable.

---

Definitions:

Income-Tax Filers

Individuals or entities that submit a report of their income to a governmental body to assess tax liabilities.

Efficiency Losses

The reduction in economic welfare resulting from distortions in resource allocation or market behavior.

Externalities

Costs or benefits that result from an activity or transaction and affect others who did not choose to incur that cost or benefit.

Demand Elasticities

Measures the responsiveness of demand for a good or service to changes in its price or other factors.