Ethnocentric philosophy is an approach where headquarters make all key decisions and foreign subsidiaries have little autonomy.

Question

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Ethnocentric philosophy is characterized by a centralized decision-making process where the headquarters of an organization makes all key decisions and foreign subsidiaries have limited autonomy. This approach assumes that the values, beliefs, and practices of the parent company are superior to those of other countries and cultures.

Ethnocentric Philosophy Is an Approach Where Headquarters Make All Key