One Way That Managers Can Fight Their Own Ethnocentric Tendencies

question 69

Multiple Choice

One way that managers can fight their own ethnocentric tendencies is to:

• A) serve the bottom of the pyramid.
• B) learn a foreign language.
• C) develop a high power distance.
• D) understand differences in social values.
• E) all of these.

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Definitions:

Corporate Profit

The financial surplus achieved by a company after subtracting all its expenses from its revenue.

Merger

A merger is a business strategy that involves combining two or more companies into a single entity, often with the goal of increasing market share, reducing costs, or enhancing competitiveness.

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