Asked by Garima Bhelle on Jun 15, 2024
Verified
In the context of globalization, which of the following statements is true of research and development (R&D) ?
A) Over the past decade, international companies have started spending less on R&D.
B) Although R&D spending is increasing everywhere, it is decreasing most rapidly in Asia.
C) In the United States, nearly 70 percent of R&D is funded by businesses.
D) Over the past decade, international companies have moved their R&D from locations around the world back to their corporate headquarters.
Research And Development (R&D)
Organizational activities aimed at gaining new knowledge or creating new products and technologies through systematic investigation.
International Companies
Businesses that operate across national borders, engaging in foreign trade or investment.
Corporate Headquarters
The main office or central hub of an organization where the primary functions and executive management are located.
- Comprehend the international trends in funding for research and development (R&D), including which sectors contribute and the variations across different areas.
Verified Answer
Learning Objectives
- Comprehend the international trends in funding for research and development (R&D), including which sectors contribute and the variations across different areas.
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