Which Correlation Coefficient Indicates a Perfect Negative Relationship

question 4

Multiple Choice

Which correlation coefficient indicates a perfect negative relationship?

• A)-1.0
• B)-0.5
• C)+0.5
• D)+1.0

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Definitions:

Ethnocentric

Characterized by or based on the attitude that one's own group is superior to others in culture or nationality.

Polycentric

In the context of international business, polycentric refers to a strategy or approach where a company adapts its products, practices, and policies to fit the local cultures and conditions of the countries in which it operates.

Transnational Company

A corporation that operates in multiple countries, transcending national boundaries with integrated global strategies.

Global Company

A business entity that operates in multiple countries around the world, transcending national boundaries and markets.