Firms That Have a Broad Geographic Scope Are Most Likely

question 110

Multiple Choice

Firms that have a broad geographic scope are most likely to have a(n) _____ mind-set.

• A) ethnocentric
• B) polycentric
• C) transnational
• D) geocentric
• E) localized

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Definitions:

Significantly Different

A term used to describe a result in statistical analyses indicating that observed differences or effects are unlikely to have occurred by chance.

Significantly Equal

A term not typically used in statistics; might refer to the concept of achieving statistical significance to claim no difference or equivalence between groups.

T-test

An analytical procedure for assessing if the average scores of two separate groups are significantly dissimilar.

Null Hypothesis

A statement in hypothesis testing that proposes no significant difference or effect, serving as the default assumption to be tested against.