A polycentric attitude is the view that employees in the host country (the foreign country in which the organization is doing business) know the best work approaches and practices for running their business.
Managers with this attitude view every foreign operation as a different and difficult to understand. Thus, they’re likely to let employees in the host country figure out how best to do things.
More from this Section
- Assumed similarity
In assumed similarity, or the “like me” effect, the observer’s perception of others is influenced more by the observer’s own characteristics
- Lateral communication
Communication that takes place among any employees on the same organizational level, is called lateral communication. In today’s
- Organizational development
Organizational development (OD) is the term used to describe change methods that focus on people and the nature and quality of interpersonal
- The Balanced Scorecard
A set of four measures directly linked to the company’s strategy: financial performance, customer knowledge, internal business processes .and learning and growth.
- Organizational citizenship behavior
Organizational citizenship behavior (OCB) is discretionary behavior that’s not part of an employee’s formal job requirements but that
- Barriers to Entry
Barriers to Entry are the obstacles that a firm must overcome to enter an industry. The barriers can be tangible or intangible.
- Equity theory
Equity theory is the theory that an employee compares his or her job’s input: outcomes ratio with that of relevant others and then corrects