Asked by Danielle O'Brien on Apr 25, 2024
Verified
Companies characterized by little communication flow to and from headquarters and between subsidiaries are called
A) isocentric.
B) geocentric.
C) polycentric.
D) ethnocentric.
E) regional.
Polycentric
An approach in international business where a company gives autonomy to each host country operation to tailor strategies and practices to local conditions.
Geocentric
An approach or viewpoint that considers the earth as the center, often used in the context of international business to describe a strategy that views the world as a potential market with no inherent borders.
Ethnocentric
The belief in the superiority of one's own ethnic group or culture, often at the expense of understanding or respecting other cultures.
- Describe organizational structures based on the flow of communication and control in multinational companies.
Verified Answer
Learning Objectives
- Describe organizational structures based on the flow of communication and control in multinational companies.
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