Small Businesses Can Provide More Personalized Service Than a Large

question 105

True/False

Small businesses can provide more personalized service than a large corporation to overseas customers.

---

Definitions:

Applied Research

focuses on applying existing scientific knowledge to solve practical problems and develop new technologies or techniques.

Business R&D

Research and Development (R&D) activities undertaken by businesses to innovate and develop new products, services, or processes.

Innovation

The introduction of new ideas, products, or methods, often leading to enhancements in efficiency, productivity, or quality.

Basic Research

Research conducted to increase fundamental knowledge and understanding, without specific applications in mind.