A Firm Is Said to Be Pursuing a Polycentric Innovation

question 22

Multiple Choice

A firm is said to be pursuing a polycentric innovation strategy when

• A) its research facility is situated in the headquarters and all other business activities are located around the world.
• B) it draws from multiple, equally important research facilities located throughout the world.
• C) it restricts its innovation to Western economies and production to developing markets.
• D) its knowledge flow takes a one-way path-from its headquarters to the subsidiaries.

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Definitions:

Mean

A statistical measure representing the average or central value of a set of numbers, calculated by adding all the values and dividing by the count of the values.

Z-score

A statistical measure representing the number of standard deviations a data point is from the mean of its distribution.

Symmetrical Area

An area in a statistical distribution where two portions on either side of the center are mirror images of each other.

Discrete Probability Distributions

Probability distributions that deal with discrete random variables, quantifying the probabilities of different outcomes.