Which of the Following Is True of Ethnocentrism

question 47

Multiple Choice

Which of the following is true of ethnocentrism?

• A) It enhances the ability of an organization to assess a foreign market in its true light.
• B) It is a problem that arises when managers from affluent countries work with managers and markets in less affluent countries.
• C) American managers have generally been uninfluenced by it, especially in the beginning of the 21^st century.
• D) It is the cornerstone of effective adaptation in the field of international marketing.
• E) Self-reference criterion is universally considered the technique to reduce or eliminate ethnocentrism.

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Definitions:

Creditors

Individuals or entities to whom money is owed by debtors.

Dissolution

The process of legally dissolving a corporation or partnership, effectively ending its existence.

Dissolution

The process of officially ending or terminating a legal entity such as a corporation, partnership, or marriage.

Wind Up

The process of concluding the affairs of a business or dissolution of a partnership, including paying debts and distributing assets.