For MNEs faced with the intensification of competition, R&D can provide a vehicle to access a foreign country's local talent and expertise.

Question

For MNEs faced with the intensification of competition, R&D can provide a vehicle to access a foreign country's local talent and expertise.​

Quizplus · Accepted Answer

R&D (Research and Development) is an important tool for MNEs (Multinational Enterprises) to access local talent and expertise in foreign countries, which can help them stay competitive in the market. By conducting R&D in foreign countries, MNEs can tap into the local knowledge, skills, and resources, and create innovative products or services that meet the local demand. This can give them a competitive advantage over other firms in the market.

For MNEs Faced with the Intensification of Competition, R&D Can