What Is the Disadvantage of Geocentrism

question 62

Multiple Choice

What is the disadvantage of geocentrism?

• A) Consideration of only home- and host-country nationals may result in the exclusion of some very able executives.
• B) It requires a great deal of centralized control over managers and their career patterns.
• C) If there are many subsidiaries,home-country nationals must recognize that their foreign service may not lead to faster career progress.
• D) There are increased tendencies to impose the management style of the parent company.

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Definitions:

Society Interest

The collective welfare and interests pursued by a community or society, often reflecting common goals or concerns such as public safety, education, and economic prosperity.

Own Interest

Refers to the personal gain or benefit that individuals or organizations seek in various activities or decisions.

Production Process

The Production Process involves the methods and sequences of activities used to transform inputs into finished goods or services.

Capital

Financial assets or physical resources that are used by businesses to produce goods and services and generate wealth.