Which of the Following Is a Drawback of the Polycentric

question 57

Multiple Choice

Which of the following is a drawback of the polycentric approach?

• A)Host-country nationals become more committed to company headquarters than to their local colleagues.
• B)Successful local units may increasingly function independently and pay less attention to headquarters.
• C)Local units depend too much on headquarters for resources and innovations, with little incentive to develop their own.
• D)Local managers study international business and cultural practices in other markets in preparation for international assignments at the expense of not fully investing in understanding the host country.

Examine the influence of external events on market equilibrium (disease discoveries, technological breakthroughs).

Understand the factors that lead to shifts in supply curves.

Identify the conditions that cause market shortages and surpluses.

Recognize the impact of input prices on production costs and supply.

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Definitions:

New Republic

Refers to a period or state entity formed after breaking away from a previous form of government, often associated with revolutions or major political changes.

Constitutional Convention

The meeting held in 1787 in Philadelphia where the Constitution of the United States was drafted.

Rhode Island

The smallest state in the United States, known for its coastal scenery and as a haven for religious freedom during its founding.

Representative

An individual who is elected to serve and act on behalf of a larger group of people, particularly in legislative or governmental roles.