Ethnocentric Firms Typically Use the Same Business Practices in All

question 81

True/False

Ethnocentric firms typically use the same business practices in all cultures and markets.

---

Definitions:

Stereotyping

The tendency to generalize about people in a certain social category and ignore variations among them.

Aspects

Different parts, features, or components of a situation, idea, or object.

Perceptual Tendency

The inclination to perceive information, situations, or objects in a specific way based on past experiences and personal biases.

Fundamental Attribution Error

The tendency to overestimate the influence of personality and underestimate the impact of situational factors in explaining someone else's behavior.