Domestic and International Competition Share the Pressure to Reduce Costs,but

question 39

True/False

Domestic and international competition share the pressure to reduce costs,but only domestic competition feels the pressure for local responsiveness.

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Definitions:

Design-Thinking Process

A solution-oriented approach to problem-solving that involves empathy, ideation, prototyping, and testing.

Tim Brown

is known for his contributions to design thinking and innovation, notably as the CEO and president of the design firm IDEO.

Significance

The quality of being worthy of attention; importance, or the degree to which something is related or useful to what is happening or being talked about.

Fear Of Failure

A psychological concern involving the apprehension or anxiety about failing to achieve a goal or meet expectations.