________ company emphasizes its home country culture throughout its operations, and it tends to staff key positions abroad with expatriates from its home country operations.
a. a polycentric
b. a geocentric
c. an ethnocentric
Answers
Answer: An ethnocentric company emphasizes its home country culture throughout its operations, and it tends to staff key positions abroad with expatriates from its home country operations.
An ethnocentric orientation stems from a subconscious belief that the approach to business practiced in the home country of businesses is superior to practices and approaches practiced in other countries across the globe.
Companies adopt an ethnocentric approach if they believe that only managers from the home country are capable of managing its affairs in other countries.
They also do so in order to preserve its corporate culture, vision and values in the course of expansion to other countries.
An ethnocentric company emphasizes its ‘home country culture’ throughout its operations, and it tends to ‘staff key positions’ abroad with expatriates from its ‘home country operations’.
Option: (c)
Explanation:
- There are many multi-national companies that are using the ethnocentric Approach since there are important key positions in the organization that is filled with the employees of the different countries.
- The multinational companies formulate their decisions, mission, and objectives of the company in their headquarters and these are implemented by all the people working in their companies abroad.
- This is done so that the company can preserve its corporate culture, vision and values with their expansion to the other countries.
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