Ethnocentrism Is Defined As

question 159

Multiple Choice

Ethnocentrism is defined as:

• A)The tendency to consider one's culture inferior to any and all others.
• B)The tendency to consider one's culture superior to any and all others.
• C)The tendency to consider one's culture the same as any and all others.
• D)The tendency to ignore the impact of one's actions on the company.
• E)The tendency to put company concerns before all else.

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Definitions:

Demand Schedule

A table that shows the quantity of a good that consumers are willing to buy at different prices.

Parallel

Lines or paths that remain the same distance apart at every point, never meeting or intersecting.

Elasticity Coefficient

A numerical value that measures the responsiveness of the quantity demanded or supplied of a product to a change in one of its determinants, such as price or income.

Percentage Change

A mathematical calculation that indicates the degree of change over time, expressed as a percentage, often used to measure growth or decline in economic indicators.