What are the differences among an ethnocentric polycentric


Short Essay Questions:

  • What are the differences among an ethnocentric, polycentric, and geocentric approach to international business?
  • Explain how culture influences international business, making specific reference to important cultural dimensions including a detailed explanation of the Hofstede framework.
  • What is the difference between absolute and comparative advantage? Which is more appropriate for current trade policy?
  • According to Michael Porter, what is the competitive advantage of a nation?

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Business Management: What are the differences among an ethnocentric polycentric
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