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Once a pool of applicants has been obtained, discuss two processes involved in selecting employees.
Consumer Ethnocentrism
Consumer Ethnocentrism is the belief held by consumers that products from their own country are superior to those from other countries, influencing their purchasing decisions.
Xenophobia
A fear or hatred of strangers or foreigners, often manifesting in discriminatory attitudes or actions.
Nationalism
A political ideology centered on achieving and maintaining self-governance and full sovereignty for a cultural or ethnic group.
Currency Exchange Rate
The price of one country’s currency expressed in terms of another country’s currency.
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