A Corporation That Believes That Only Host Country Managers Can

question 80

Multiple Choice

A corporation that believes that only host country managers can ever really understand the culture and behavior of the host country market would be referred to as ________.

• A) polycentric
• B) ethnocentric
• C) geocentric
• D) monocentric
• E) francocentric

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Definitions:

Principal

The main party to a transaction, agreement, or contract, often responsible for fulfilling the obligations set within.

Third Persons

Individuals who are not a direct party to a legal agreement or transaction but may be affected by it or have certain rights or obligations related to it.

Consideration

Something of value exchanged between parties in a contract, making the agreement binding and legally enforceable.

Authorized

Having official permission or approval.