Multinational companies set up research and development facilities in many markets to

Question

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Multinational companies set up research and development facilities in many markets to utilize the scientific talent in that country and also observe developments and estimate demand. This strategy helps them to adapt to local market needs and stay competitive in those markets. Additionally, by having R&D facilities in different markets, they can also manage political risk by lessening their dependence on any one country or region.

Multinational Companies Set Up Research and Development Facilities in Many