Geocentric attitude, a world-oriented view that focuses on using the best approaches and people from around the globe. Managers with this type of attitude have a global view and look for the best approaches and people, regardless of origin.
For instance, the CEO of a fast-growing manufacturer of household accessories is a Chinese immigrant who describes the company’s strategy as “combining Chinese cost with Japanese quality, European design, and American marketing.
More from this Section
- Functional Conflicts
Functional Conflicts that support a group’s goals and improve its performance.
- Halo effect
Halo effect refers a general impression of an individual that is influenced by a single characteristic.
- Skill-based pay
Skill-based pay systems reward employees for the job skills and competencies they demonstrate. Under this type of pay system, an
An industry is a collection of firms/a group of companies producing a similar product or services. By “similar products” we mean products that customers...
- Organizational citizenship behavior
Organizational citizenship behavior (OCB) is discretionary behavior that’s not part of an employee’s formal job requirements but that
- Programmed decision
Programmed decision means a repetitive decision that can be handled using a routine approach.
- Expectancy theory
Expectancy theory is the theory that an individual tends to act in a certain way, based on the expectation that the act will be followed by a