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Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
- UGC NET
- Management
Which one of the following represents Polycentric orientation of the management ?
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Eduncle Best Answer
Businesses with a polycentric orientation adopt the belief that every country is unique and needs a different approach to match cultural and societal norms. Under this assumption, a company uses a country-specific business and marketing strategy for successfully developing and building its presence in each country it expands to. Large polycentric-oriented companies are often referred to as multinational companies or multinationals. A polycentric orientation contrasts with ethnocentric orientation, in which a company uses the same products and marketing strategy in each country as it does in its home country.