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Ethnocentrism and Values-based Leadership

1) Discuss ethnocentrism and its effect on an organization.
2) Describe values-based leadership. Be sure to discuss the factors that contribute to a leader's ethical stance.

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1) Discuss ethnocentrism and its effect on an organization.

Ethnocentrism focuses on a domestic approach to business wherein ethnocentric beliefs are promulgated in regard to products from the country that is making the products. Quintessentially, the company operates under the knowledge that consumers are more likely to purchase their domestic products from culturally similar countries than those perceived as inferior to the consumer. Therefore, the business must exploit this viewpoint by catering to the desires and wants of the domestic consumers as these ethnocentric consumers are more likely to ...

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This solution discusses ethnocentrism and value-based leadership in an organization.

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