Asked by Gopalakrishnan Manivel on May 14, 2024

verifed

Verified

How is the concept of ethnocentrism related to country-of-origin effects?

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.

Country-of-Origin Effects

The influence that the country where a product is produced has on consumers' perceptions and attitudes towards the product.

  • Understand the concept of ethnocentrism and its impact on consumer preferences and behavior.
verifed

Verified Answer

JM
janae mccallMay 17, 2024
Final Answer :
Ethnocentrism is the tendency to prefer products or people of one's own culture over those from other countries. A product's country of origin can function as a stereotype-a knowledge structure based on inferences across products. For example, a consumer can perceive a product as being of high quality because it was made in a certain country. A highly ethnocentric consumer would likely perceive products that come from their own country as being of higher quality.