Widget Corp

question 8

Multiple Choice

Widget Corp.,a technological firm based in the U.S.,mainly relies on staffing its employees from the U.S.for its operations.It adopts the same approach in staffing the top positions of its foreign subsidiaries as they have perfect understanding of the norms and cultures of the parent company.In this case,Widget Corp.follows a(n) _____ in staffing.

• A) ethnocentric approach
• B) polycentric approach
• C) geocentric approach
• D) acrocentric approach

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Definitions:

Representativeness Heuristic

A cognitive shortcut in which one makes judgments about the probability of an event based on how closely it matches one's stereotypes or expectations.

Anchoring and Adjustment Heuristic

A cognitive bias where individuals rely too heavily on an initial piece of information (the "anchor") when making decisions, adjusting insufficiently from this starting point.

Ethical Criteria

Standards or principles used to determine the rightness or wrongness of an action, often based on moral considerations.

Constituents

Individuals or groups who have a stake in or are affected by an organization's actions, decisions, and policies.