Which of the Following Statements Is True for the Various

question 20

Multiple Choice

Which of the following statements is true for the various management attitudes?

• A) An organization characterized by the geocentric attitude incurs high travel and training expenses.
• B) The ethnocentric attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better.
• C) The ethnocentric attitude is generally thought to be the most appropriate for managers in multinational corporations.
• D) The polycentric attitude often causes resentment toward the home country within the foreign society.
• E) Managers with a geocentric attitude stereotype home-country management practices as sound and reasonable and foreign management practices as faulty and unreasonable.

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Definitions:

Gilded Age

denotes a period in late 19th-century America, characterized by rapid economic growth, industrialization, and ostentatious displays of wealth, alongside widespread social and political corruption.

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Political parties are organized groups of people with similar political ideologies and objectives that compete in elections to hold power in government.

Sectional Divisions

Regional disagreements and conflicts within a country, often based on economic, social, or political differences.

Munn v. Illinois

An 1877 U.S. Supreme Court case that upheld the power of state governments to regulate private industries in the public interest.