_____ Is Common in Many Large Multinational Corporations (MNCs)where Managers

question 16

Multiple Choice

_____ is common in many large multinational corporations (MNCs) where managers believe that the home office's approach to doing business can be exported intact to all other countries because this approach is superior to anything at the local level.

• A) Regiocentrism
• B) Ethnocentrism
• C) Geocentrism
• D) Polycentrism

---

Definitions:

Rescinded

Revoked, canceled, or repealed, usually by official or formal action.

Public Trustee

A government official or department appointed to manage the estates, property, or financial affairs of individuals unable to do so themselves due to incapacity, absence, or death.

Doctrine of Mistake

Legal principles that allow a contract to be declared void if both parties were under a mutual misunderstanding about a key fact of the agreement.

Willful Blindness

The deliberate avoidance of acknowledging information or facts that one could easily know, often to escape liability.