Which of the Following Is a Major Drawback of Ethnocentric

question 18

Multiple Choice

Which of the following is a major drawback of ethnocentric staffing?

• A) high costs of relocating managers
• B) loss of control over host-country operations
• C) loss of control over home-country operations
• D) difficulty in the transfer of special know-how between branches

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Definitions:

Liabilities

Financial obligations or debts owed by a business to creditors, which must be paid back at some point in the future.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in context with mutual funds and represents the per-share/unit price of the fund.

Accounts Payable

Liabilities of a firm representing money owed to creditors for goods and services purchased on credit.

Fund Shares Outstanding

The total number of shares issued and currently held by investors, including restricted shares owned by the company’s officers and insiders but excluding any repurchased shares.