Which of the following interpretative frameworks does NOT automatically presume that a particular nation provides a solution to every problem or an explanation for every action?
A) ethnocentric
B) geocentric
C) polycentric
D) intercentric
Question 2The staffing policy at Hanover International is to seek the best people for key jobs throughout the organization, regardless of nationality. Hanover most likely follows a(n) ________ staffing approach.
A) geocentric
B) intercentric
C) polycentric
D) ethnocentric
Question 3Microsoft has a tendency to hire home-country nationals for jobs outside the United States. Microsoft's leadership supports a(n) ________ approach to staffing.
A) geocentric
B) ethnocentric
C) adaptive
D) polycentric
Question 4An advantage of the geocentric outlook to staffing is ________.
A) encouraging workers to appreciate the unique virtues of a particular country
B) giving people a flexible perspective for fitting operations to different countries
C) removing most behavioral barriers to fully adapting to the chosen local market
D) tapping learning opportunities around the world to generate ideas that enhance core competencies
Question 5Swap transactions are the only mechanism for obtaining foreign exchange in the future.
Indicate whether the statement is true or false
Question 6Which of the following is the last stage of evolution in the international product life cycle theory?
A) temporary monopoly
B) standardization
C) decline
D) diversification
Question 7The 2011 Arab Spring in the Middle East was facilitated in large part by social media.
Indicate whether the statement is true or false