Question

Ajay is an Indian who owns a multinational company (MNC) that is headquartered in Bangalore. He ensures that his company consists of employees from different backgrounds and from different regions within his home country. Ajay strongly believes in giving first preference to Indians in terms of hiring new recruits, working with vendors, and building customer relationships. In this case, Ajay's company is a(n) _____.
a. ethnocentric company
b. polycentric company
c. oligocentric company
d. geocentric company

Answer 1

Answer:

In this case, Ajay's company is an ethnocentric company

Explanation:

• The ethnocentric company refers to a company who hire staff of the same nationality as the Parent company.
• In the above question the nationality of the company is Indian and the company prefer to hire staffs from the different regions of its Parent company.(i.e India)