________ Management Requires Enhanced Sensitivity to Differences in National Customs

question 118

Multiple Choice

________ management requires enhanced sensitivity to differences in national customs and practices.

• A)Ethnocentric
• B)Polycentric
• C)Global
• D)Parochial
• E)Domestic

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Definitions:

Transnational Teams

Teams composed of members of multiple nationalities working on projects that span multiple countries.

Multiple Nationalities

The condition of an individual having citizenship in more than one country, typically with associated rights and responsibilities in each.

Balance Sheet Approach

A method in global mobility management that focuses on maintaining an expatriate's standard of living through various compensations.

Purchasing Power

The ability of an individual or organization to buy goods and services, primarily influenced by income and prices.