What Is the Difference Between an Ethnocentric and a Polycentric

question 27

Multiple Choice

What is the difference between an ethnocentric and a polycentric staffing approach?

• A) An ethnocentric staffing approach alleviates cultural myopia, while a polycentric staffing approach can lead to cultural myopia.
• B) An ethnocentric staffing approach is more expensive compared to a polycentric staffing approach.
• C) An ethnocentric staffing approach seeks host-country nationals for all key positions, while a polycentric staffing approach seeks the best people for key jobs regardless of nationality.
• D) An ethnocentric staffing approach is now used in most international businesses, while the polycentric staffing approach is on the wane.

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Definitions:

Good Title

A legal term indicating that a property owner has legal ownership and the right to sell the property free from any liens or claims.

Misrepresented

Refers to providing false, misleading, or incorrect information, intentionally or unintentionally, about a product, service, or situation.

Insurable Interest

Any interest in property such that the owner would experience a benefit from the continued existence of the property or a loss from its destruction.

Identified Goods

Items that are designated by the buyer and seller as the specific goods involved in a contract of sale.