TNCs Are a Relatively New Phenomenon in the World Economy

question 99

True/False

TNCs are a relatively new phenomenon in the world economy.

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Definitions:

Information Technology

The use of computers, software, networks, and other digital devices to store, process, and exchange data.

Innovation Process

A sequence of activities involving the generation, development, and implementation of new ideas or technologies.

Feasibility Studies

Investigations into the practicality, viability, and potential success of a proposed project or system.

Prototypes

Early samples, models, or releases of a product built to test a concept or process or to act as a thing to be replicated or learned from.