A(n) _____ Emphasizes the Norms and Practices of the Parent

question 2

Multiple Choice

A(n) _____ emphasizes the norms and practices of the parent company relying on parent-country nationals.

• A) polycentric approach 
• B) geocentric approach 
• C) regiocentric approach 
• D) ethnocentric approach

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Definitions:

Cash

Liquid currency held by a business for transactions, operational expenses, and other immediate needs.

Journal Entries

The recording of financial transactions in a company's ledger, detailing the accounts affected and the amounts debited or credited.

Authorized

Refers to the official approval or permission for something, often used in the context of authorized shares in a corporation.

Outstanding

Describes something that is currently due or has not been settled or resolved, often referring to payments or checks.