Fordant Communications, a company based in the United States, works toward the invention of high-end telecommunication devices. Until a year ago, its research and development (R&D) center was based in its headquarters; however, Fordant wishes to move the R&D center to another part of the world. In the context of globalization, which of the following facts should be considered by Fordant Communications while selecting a new location for its R&D center?
A) In Asia, R&D is increasing at a rate faster than the growth of countries' gross domestic product (GDP) .
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) Asian countries do not permit private businesses to invest in R&D.
Correct Answer:
Verified
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