Operations Outside the Home Country Are Managed by Individuals from the Host

question 144

Multiple Choice

Operations outside the home country are managed by individuals from the host country in ________ staffing.

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

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Definitions:

Variable Expenses

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Total Contribution Margin

The difference between total sales revenue and total variable costs, representing the amount available to cover fixed expenses and generate profit.

Variable Cost

Costs that fluctuate with the level of production or sales, such as raw materials or commission fees.