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Match the Term with Its Definition

question 108

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A systematic, step-by-step method for on-the-job training of nonmanagerial employees


Definitions:

Geocentric

A viewpoint in international business that sees the world as a potential market with no inherent focus on any specific national market, promoting a global approach to marketing and production strategies.

Regional

Pertaining to or characteristic of a specific geographic area or district within a country, often highlighting local variations.

Polycentric

An approach in international business which assumes that host country cultures are different and businesses must adopt local strategies to succeed.

Geocentric

A worldview or strategy that considers the entire globe as a potential market or action ground, promoting universal standards and approaches.

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