Companies Pursuing an International Strategy Tend to Centralize Product Development

question 4

True/False

Companies pursuing an international strategy tend to centralize product development functions, such as R&D at home.

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Definitions:

Economy Sector

Defines one of the broad areas into which the economic activities of a country are divided, such as agriculture, industry, and services.

Customer Responsiveness

An organization's ability to listen, understand, and take appropriate action regarding customer needs and requests promptly.

Competitive Advantage

The unique attributes or conditions a company possesses that enable it to outperform its competitors.

Resource Effectiveness

The efficient and effective use of resources to achieve desired outcomes and objectives.