Asked by alexis marie logan on May 31, 2024

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In the context of the liability of foreignness, customers exhibit a(n) _____ when they prefer and are willing to pay more for local brands even when the quality is inferior.

A) ethnocentrism bias
B) neglecting probability bias
C) observational selection bias
D) confirmation bias

Ethnocentrism Bias

A tendency to view one's own culture or ethnic group as superior to others, leading to judgment and bias in assessments.

  • Recognize the preferences of consumers for domestic as opposed to international products.
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Zybrea KnightJun 01, 2024
Final Answer :
A
Explanation :
Ethnocentrism bias refers to the preference for local brands over foreign ones, even if the local brands are of inferior quality. This bias is a manifestation of a consumer's loyalty or preference for products from their own country, often due to a sense of national pride or a belief in supporting the local economy.