An Ethnocentric Attitude ________

question 62

Multiple Choice

An ethnocentric attitude ________.

• A) prompts managers to have a global view and look for the best approaches and people regardless of origin
• B) is the belief that the home country has the best work approaches and practices
• C) is the view that employees in the host country know the best work approaches and practices
• D) gives a manager a much broader understanding of what it takes to manage in a global environment

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Definitions:

Cash Dividends Payable

A liability account that records the amount of cash dividends that a company has declared but has not yet paid to shareholders.

Declared

Refers to a dividend or other corporate action that has been formally announced by a company's board of directors.

Payment of Dividends

This refers to the distribution of a portion of a company's earnings to its shareholders.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, recognizing the asset's wear and tear, deterioration, or obsolescence.