Which of the Following Statements Regarding Ethnocentric Staffing Is True

question 8

Multiple Choice

Which of the following statements regarding ethnocentric staffing is true?

• A)It can facilitate the transfer of special know-how.
• B)It is a relatively inexpensive policy to implement.
• C)It allows a company to "blend in" with the local market.
• D)It is a poor choice for companies operating in highly nationalistic markets.

Understand the principles of public choice analysis in political decision-making.

Analyze the role and necessity of state and local governments within a federal system.

Identify and understand the concepts of market failure and government failure.

Examine the implications of direct and indirect government interventions in markets, including subsidies and favoritism towards certain economic actors.

---

Definitions:

Straight-Line Method

A method of calculating depreciation of an asset by evenly spreading its cost over its useful life.

Net Present Value

A financial measure that determines the variance between the current worth of cash coming in and the current worth of cash going out over a specified timeframe.

Vending Machines

Automated machines that sell products such as snacks, beverages, or tickets to consumers after money, a credit card, or a specially designed card is inserted into the machine.

Working Capital

The disparity between an enterprise's existing assets and current debts, demonstrating its short-term financial status and operational performance.