Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
Match List - I with List - II.
|
List - I International Business Approaches |
List - II Meaning |
||
|
A. |
Ethnocentric Approach |
I. |
Companies establish foreign subsidiary and empower their executives |
|
B. |
Polycentric Approach |
II. |
The domestic companies view foreign market as an extension to domestic markets |
|
C. |
Regiocentric Approach |
III. |
Companies view the entire world as a single country |
|
D. |
Geocentric Approach |
IV. |
Subsidiaries consider regional Environment for Policy strategy formulation |
Choose the correct answer from the options given below:
1
A - II, B - I, C - IV, D - III
2
A - I, B - III, C - IV, D - II
3
A - II, B - III, C - I, D - IV
4
A - IV, B - I, C - II, D - III