Ziff Corp,a Publishing Firm Based in the U

question 28

Multiple Choice

Ziff Corp,a publishing firm based in the U.S.,has its subsidiary in Italy.The company focuses on the norms and practices of Italy.It even hires Italian nationals for managerial positions.In this case,Ziff Corp is following a(n) _____ in staffing.

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

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Definitions:

Split-off

A point in the production process in a joint production system where two or more products become individually identifiable and their costs can be separately allocated.

Production Work

The tasks and activities involved in manufacturing products, including assembly and processing materials.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Joint Costs

Costs that are incurred in the process of producing two or more products simultaneously up to the point where these products are separable.