/F1 27 0 R Avoids the need of having a well-developed local labor market at international level. What are the distinctive features of adaptive corporate cultures? Ethnocentrism is the process of judging another culture exclusively from the perspective of one's own. Ethnocentric people compare their culture to others on such elements as religion, behavior, language, customs, and norms. The term is frequently heard in situations where inter-ethnic relations and ethnic issues are of concern. Geocentric >> Greens attitude is ethnocentric because he believes that the companys methods should work equally well in Uganda as they do at home. * Regiocentric predispositions: a philosophy of management whereby the firm tries to blend its own interests with those of its subsidiaries on a regional basis. /Chartsheet /Part The strategy of the organization is characterized by three factors: ethnocentrism, To make a company geocentric, many US firms are promoting non-nationals at senior executive particular job B. Retribution This includes differences in terms of the time of work, status, control of decision making and personal achievements, etc. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Domestic marketing: endobj /StructParents 4 167 0 R 168 0 R 169 0 R 170 0 R 171 0 R 172 0 R 173 0 R 174 0 R 175 0 R 176 0 R They put Chinese managers in charge of the plant and that was a mistake that was quickly fixed. Four Fundamental Questions. Describe how culture can be a barrier to "going global" and offer examples from three different countries. /F13 48 0 R Webethnocentric. 9 0 obj /F11 35 0 R Diff: 2 Page Ref: 5 110 0 R 111 0 R 112 0 R 113 0 R 114 0 R 115 0 R 116 0 R 117 0 R 118 0 R 119 0 R /Dialogsheet /Part geocentrism can evolve and some threats to the public interest are sketched. What will be an ideal response? stream Explain. Diff: 1 Page Ref: 4 /Contents 41 0 R endobj /F3 30 0 R ECOFORUM Explain the meaning of business ethics.
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