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.

Analyze the effects of taxation on activities that generate external benefits or costs.

Identify the fundamental roles of government in safeguarding private property and enforcing contracts.

Understand the production and overproduction of external benefits in a free market system.

Distinguish between public goods, private goods, and the characteristics of each.

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Definitions:

Lose/Lose Approach

A conflict resolution scenario where all parties involved end up being worse off than before the conflict.

Clarifying Perceptions

Refers to the process of ensuring understanding and interpretations are clear and accurate between individuals or groups.

Root Causes

The fundamental reasons or underlying issues that give rise to a problem or condition.

Generating Options

Generating options involves creating a range of potential solutions or courses of action in decision-making or problem-solving situations, enabling the consideration of various strategies before selecting the best one.