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Why Is Developing a Global Vision Important for Firms in the United

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Why is developing a global vision important for firms in the United States?


Definitions:

Understanding and Prediction

The cognitive processes of comprehending information or situations and anticipating future events or outcomes.

Science Goal

An objective or aim related to gaining knowledge, understanding phenomena, or solving problems using systematic and empirical methods characteristic of the sciences.

Scientific Method

A systematic process of inquiry involving observation, hypothesis formulation, experimentation, and conclusion to test scientific theories and gain knowledge.

Research Method

The systematic approach to collecting, analyzing, and interpreting data in order to increase understanding of a topic or issue.

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