Answer :

A business that focuses its choices mostly on market research is said to have a geocentric orientation kind of management orientation. The right response in this case is option A.

MNCs utilize the geocentric strategy since they are present in several nations and have the means to do so. They are able to find the best staff thanks to this strategy. This authorization enables MNCs to transfer staff across offices.

A management philosophy built on the premise that the world's commonalities and distinctions may be comprehended and acknowledged in an integrated world strategy.

An approach that is geocentric has the following features: searches for the best candidate, regardless of nationality, for a given position. Managers often have prior expertise in global management. between the main firm and its subsidiaries is more cooperative.

Complete question:

Which of the following management orientations accurately characterize a company that bases its decisions primarily on market research?

A - Geocentric orientation

B - Polycentric orientation

C - Ethnocentric orientation

D - Regiocentric orientation

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