To Give Foreign Units a Degree of Autonomy in Decision

question 157

Multiple Choice

To give foreign units a degree of autonomy in decision making,a company would most likely choose a(n) ________ staffing policy.

• A)geocentric
• B)regiocentric
• C)ethnocentric
• D)polycentric

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Definitions:

Cost Analysis

The review and evaluation of the costs associated with a project, process, or activity, aimed at identifying opportunities for cost reduction and efficiency improvement.

Cost Reduction Target

A goal set by a company to decrease expenses in order to improve profitability.

Cost Elements

The various types of expenses that contribute to the total cost of a product or service, including materials, labor, and overhead.

Leverage Items

Products or services critical to an organization's operations that can be used as a bargaining tool in negotiations.