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The Global Automobile Producing Industry Has High Market Commonality and High

question 116

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The global automobile producing industry has high market commonality and high resource similarity, and are aware, motivated, and have the ability to compete for market share in each segment and country they have entered (Chapter 5 Strategic Focus).


Definitions:

Technopoly

A society that is overly dependent on technology, where technology dominates the culture, impacting human activities and social interactions.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Multinational Corporations

Large companies operating in several countries around the world, often with a centralized head office but decentralized operations and production.

Research and Development

The part of a business activity that is concerned with acquiring new knowledge and using it to develop new products, processes, or services or to improve existing ones.

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