The Three Managerial Attitudes Toward International Operations, According to Howard

question 63

Multiple Choice

The three managerial attitudes toward international operations, according to Howard Perlmutter, are ethnocentric, geocentric, and _______.

• A) concentric.
• B) multicentric.
• C) extocentric.
• D) endocentric.
• E) polycentric.

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Definitions:

Pure Play Approach

A business strategy in which a company focuses exclusively on one particular product or service to gain a competitive advantage.

Subjective Risk

The perceived level of risk based on an individual's personal judgment, as opposed to objectively measured risk.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends.

Market Risk Premium

The additional return an investor expects for holding a risky market portfolio instead of risk-free assets.