If the Head of an Italy-Based Multinational Corporation Insists That

question 8

Multiple Choice

If the head of an Italy-based multinational corporation insists that Italian be the official company language in all daily operations around the world, that manager is

• A) ethnocentric.
• B) regional.
• C) monochronic.
• D) geocentric.
• E) polycentric.

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Definitions:

Market Development

A growth strategy where a company seeks to sell its existing products in new markets to expand its customer base.

Super Premium Ice Cream

Ice cream characterized by high quality, rich taste, and often a higher fat content than regular ice creams, targeting a luxury market segment.

Ben & Jerry's

An American company known for its brand of high-quality ice cream, frozen yogurt, and sorbet, renowned for its commitment to social activism and environmental causes.

Market Penetration

A measure of the amount of sales or adoption of a product or service compared to the total theoretical market for that product or service.