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A Centralized Management Style for an MNC Results in Relatively

question 20

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A centralized management style for an MNC results in relatively high agency costs.


Definitions:

Insidious

Proceeding in a gradual, subtle way but with harmful effects, often without being noticed until it is too late.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered normal or socially acceptable in a given group or society.

Berscheid and Hatfield

Renowned psychologists known for their research in the area of interpersonal attraction, especially the distinction between companionate and passionate love.

Relationship Satisfaction

A measure of the contentment one feels within a relationship, often considered an important factor in its longevity and success.

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