Which of the Following Statements Is True of a Polycentric

question 8

Multiple Choice

Which of the following statements is true of a polycentric company?

• A) Its orientation is based on a belief in home-country superiority.
• B) Its marketing management is decentralized.
• C) It's generally referred to as a domestic company.
• D) It views foreign operations as being secondary to domestic operations.

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Definitions:

Unreimbursed Employee Business Expenses

Expenses employees incur in the course of performing their job that are not reimbursed by the employer.

Itemized Deductions

Expenses allowed by the IRS that can be subtracted from adjusted gross income to reduce taxable income, including mortgage interest, medical expenses, and charitable contributions.

2% Floor

A tax rule that limits the deductibility of certain miscellaneous expenses to only the portion that exceeds 2% of the taxpayer’s adjusted gross income.

Sales Taxes

Taxes levied by governments on the sale of goods and services, which are typically paid by the consumer at the point of purchase.