Identify a True Statement About the Globalization of Research and Development

question 46

Multiple Choice

Identify a true statement about the globalization of research and development (R&D) .

• A) In Asia, R&D is increasing at a rate faster than the growth of countries' gross domestic product (GDP).
• B) Japan represents more than 50 percent of global spending on R&D.
• C) In the United States, nearly 70 percent of R&D is funded by the government.
• D) Private businesses are not allowed to invest in R&D.

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Definitions:

Power, Legitimacy, Urgency

Refers to the three attributes that define the level of stakeholder influence in a business context, emphasizing the importance of their claims.

Attributes of Stakeholders

Characteristics or qualities of individuals or groups who have an interest or stake in the outcome of a project or business.

Definitive Stakeholders

Key individuals or groups that have a direct and significant impact on or are significantly impacted by an organization's operations and decisions.

Power, Legitimacy, Urgency

A model used to prioritize stakeholders based on their possession of power, legitimacy in their relationship with the organization, and the urgency of their claims.