One of the Concerns of Multinational Corporations Is Whether Accepted

question 20

Multiple Choice

One of the concerns of multinational corporations is whether accepted US and Western European management practices and theories are appropriate for use as models abroad. Hofstede's research in this area indicates that these theories:

• A) are still ethnocentric.
• B) work best within multinational corporations.
• C) work best within English-speaking countries.
• D) are universally applicable since they are good theories.
• E) are only valid within the country they were created in.

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Definitions:

Basic Principle

A fundamental idea or rule that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Equality/Inequality

Equality refers to the state of being equal, especially in status, rights, and opportunities, while inequality denotes the existence of unequal opportunities and disparities.

Ethnographic Study

A qualitative research method focused on the systematic study of people and cultures, often through observation and interviews, to understand social practices and phenomena.

Margaret Mead

An influential American cultural anthropologist who contributed significantly to the field through her studies of the socialization processes in Pacific Island cultures.