Which of the Following Is TRUE of Globalized R&D

question 6

Multiple Choice

Which of the following is TRUE of globalized R&D?

• A)For large firms, there are actually diminishing returns for R&D.
• B)One way to access such a high technology and research-rich cluster is to avoid FDI.
• C) R&D work performed by different locations and teams around the world virtually guarantees failure.
• D) Global virtual teams, which do not meet face to face, may overcome communication and relationship barriers.

Understand the process and applications of rounding numerical answers.

Apply calculator use for approximation and simplification of expressions.

Simplify radical expressions, including square roots and higher-order roots.

Apply the concepts of square and cubed roots in solving geometric problems.

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Definitions:

Rent-seeking

The practice of gaining economic benefits through manipulation or exploitation of the political environment, rather than through productive economic activity.

Resource Allocation

The process of assigning and managing assets in a way that supports an organization's strategic goals.

Politically

Pertaining to or dealing with the structure, organization, administration, and policies of a government or a political entity.

Rent Seeking

Rent seeking is an economic concept where individuals or entities seek to increase their own wealth without creating new wealth or value, often through manipulating the social or political environment.