The type of corporation where there is a conscious belief that only host country managers can ever really understand the culture and behaviour of the host country market is known as a(n)
A)homocentric business.
B)multicentric corporation.
C)geocentric organization.
D)polycentric corporation.
E)ethnocentric organization.

Question

Quizplus · Accepted Answer

The polycentric corporation is the type of corporation where there is a conscious belief that only host country managers can ever really understand the culture and behaviour of the host country market. In a polycentric corporation, the domestic and foreign operations of the company are managed independently of each other, and local managers have a high degree of autonomy to make decisions. The other options are not an exact fit for this description.

The Type of Corporation Where There Is a Conscious Belief