Which is most likely to occur in a company with a geocentric approach to globalization?

Which is most likely to occur in a company with a geocentric approach to globalization?
A . Headquarters policies are modified for local application only when it is required by local laws
B . Important cultural differences are emphasized over headquarters policies which are adjusted for local application
C . Individual regions are given full autonomy in the development of a compensation strategy.
D . Local cultural and legal compensation norms are taken into account in the administration of a
cohesive global strategy.

View Answer

Answer: D

Explanation:

In a geocentric organization, an international company is seen as a single global business, with management talent coming from any location in the enterprise. The strategic plan is global in orientation, while the need to balance global strategy with local cultures and regulations is well understood; Option A refers to the ethnocentric model; Option C refers to a regiocentric model. image credit: chegg.com