Question

Polycentrie and

20 Apr 2018
Answer :
Word Count : 188
AspectPolycentric ApproachEthnocentric Approach
DefinitionA business strategy where each foreign subsidiary is managed according to the local culture and practices.A business strategy where the parent company’s culture and practices are imposed on the foreign subsidiaries.
Cultural ConsiderationEmphasizes adaptation to local culture, customs, and business practices.Imposes the home country's culture, values, and practices on foreign operations.
Decision-MakingLocal subsidiaries have significant independence ________ ____ __________ ____ __________ __________ ________ ______ _____ __________ _______ ________.
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