The focus on decentralized management in multidomestic corporations reflects a(n)________ attitude.
A)ethnocentric
B)polycentric
C)multicentric
D)geocentric

Question

Quizplus · Accepted Answer

Polycentric attitude emphasizes the importance of local differences and allows for decentralization of decisions to local subsidiaries. This approach is often adopted by multidomestic corporations to accommodate and integrate local cultural, social, and economic variations. Ethnocentric attitude, on the other hand, focuses on the parent company's values and practices and relies on centralized decision-making, whereas a geocentric attitude takes a global perspective and promotes a balance between local and global considerations. A multicentric attitude refers to a combination of two or more attitudes depending on the business context.

The Focus on Decentralized Management in Multidomestic Corporations Reflects A(n)________