Capability Maturity Model Integration Method (CMMI) Is a Process Improvement

question 59

True/False

Capability Maturity Model Integration method (CMMI) is a process improvement approach that contains 22 process areas. It is divided into appraisal, evaluation, and structure.

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Definitions:

Direct Investment

The purchase or acquisition of a controlling interest in foreign business enterprises, typically involving significant management and ownership.

Global Market Entry Strategy

A planned method of delivering goods or services to a new target market and establishing a presence in a foreign country.

International Sales

The practice of selling products or services beyond a company's domestic borders, into foreign markets.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.