Examlex
With responsibility for his company's largely centralized R&D activities,Frank worries that the center may not understand local market needs,while the subsidiaries may not be committed to innovations developed at the center.To respond to these concerns,Frank's priority should be to:
Labor-intensive Business
A type of business that requires a large amount of manual labor to produce goods or services, as opposed to automation or machinery.
Service-intensive Business
A type of business that relies heavily on providing services rather than goods, characterized by a high level of customer interaction and service delivery.
Vision
A forward-looking statement or concept that outlines what an organization aims to achieve in the future, serving as a guide for its intentions and directions.
Customer Base
The group of consumers who repeatedly purchase the goods or services of a business, forming the foundation of the company's sales.
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