Although Standardization Is an Important Element of a Global Strategy

question 16

True/False

Although standardization is an important element of a global strategy, standardization is less important for product research and development due to the unique nature of R&D.

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Definitions:

Resources

Assets, materials, or supplies that are available for use or consumption.

Deviant

Behaviors or actions that diverge from the societal norms and expectations, often carrying a negative connotation.

Social Inequality

describes the unequal distribution of wealth, opportunities, and privileges within a society, often based on factors like race, gender, or socioeconomic status.

Norms

The unwritten rules and expectations that govern the behavior of individuals within a society or group, guiding what is considered normal or acceptable.