Ethnocentrism Is a Type of Managerial Preference and Can Be

question 42

Multiple Choice

Ethnocentrism is a type of managerial preference and can be described as

• A)Focusing on developing a global network - that the best person for the job can be found anywhere
• B)Focusing on organizations in terms of the regions they operate in,choosing the best manager in the region
• C)Focusing on managers that use home country standard as reference for managing activities
• D)Focusing on decentralizing and creating autonomous operations with host country managers
• E)Focusing on the number of different ethnicities in the organization

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Definitions:

Optimizing Decision

The process of finding the most effective solution among various choices, with the aim of achieving the best possible outcome.

Well-Defined Problem

A problem with clearly specified goals, constraints, and criteria for evaluating solutions, making it easier to identify potential solutions.

Classical Decision Model

A theory suggesting decisions are made with rationality, where all alternatives and outcomes are considered and the best choice is made to maximize utility.

Behaviour Decision Model

A theory that explains how individuals make decisions based on the acknowledgment of available alternatives, possible outcomes, and the implications of their choices.