Question
Polycentrie and
Answer :
Word Count : 188
| Aspect | Polycentric Approach | Ethnocentric Approach |
|---|---|---|
| Definition | A 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 Consideration | Emphasizes adaptation to local culture, customs, and business practices. | Imposes the home country's culture, values, and practices on foreign operations. |
| Decision-Making | Local subsidiaries have significant independence in decision-making. | Decision-making is mainly controlled by the home office. |
| Human Resources | Local managers are often hired and promoted within the subsidiary. | Managers _______ ______ ___ ___ _________ __________ _______ ____. __________ ___ _______ ___ _____ __________ _______ ______ _______ ____. _________ ________ ________ ___ _______ ___ _______ ________ ___ _____ ________. _______ _____ _______ ______ _______ __________ __________. _________ _______ ___ _______ _________ ____ __________ _______ ________ _____ _____ _____. ___ _________ _______ __________ ______ _________ __________ __________ ___. __________ ________ ___ _____ ____ ____ _______ ________ ___ ___ ______. ____ ______ _______ _________ _______ ____ _________ ______ _____ _________ _____ ______. ______ _______ ____ __________ ____. ____ ____ __________ ___ _______ ___ __________. ___ ____ ____ ____ ____ ___ _______ _____ ______ _________. __________ ______ _______ ______ _______ _________. ________ ______ ___ ___ ______. IGNOU ACADEMY Your IGNOU journey, made easier.
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