In the context of globalization, identify a true statement about research and development (R&D).
A) Over the past decade, international companies are spending more money on R&D than in product manufacturing.
B) Japan represents more than 50 percent of global spending on R&D.
C) In the United States, nearly 70 percent of R&D is funded by the government.
D) Private nonprofit donors are not allowed to invest in R&D.

Question

Quizplus · Accepted Answer

Over the past decade, there has been a significant shift in how international companies allocate their budgets, with a growing emphasis on investing in research and development (R&D) over traditional product manufacturing. This trend reflects the increasing importance of innovation and technological advancement in maintaining competitiveness in the global market.

In the Context of Globalization, Identify a True Statement About