Firms Competing in Industries with More Intensive R&D Requirements Pursue

question 8

Multiple Choice

Firms competing in industries with more intensive R&D requirements pursue an international strategy in part because:

• A) it is crucial to have a large market to earn the necessary return on their large investment.
• B) it allows firms to pull R&D expertise from all over the world.
• C) it allows the firm to pursue patents on a worldwide basis to protect its intellectual property.
• D) technological knowledge knows no national boundaries.

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Definitions:

Neurosis

A mental health condition characterized by chronic distress but without significant impairments in reality testing or functioning, often involving anxiety, depression, or obsessive behaviors.

Manic Depression

An alternative term for bipolar disorder, characterized by dramatic shifts in mood, energy, and activity levels, including periods of mania and depression.

Anxiety Reaction

A psychological and physical response to perceived threats or stress, characterized by feelings of worry, nervousness, or unease.

Obsessions

Persistent, intrusive thoughts or impulses that cause distress or anxiety.