M&P Inc.,a consumer goods manufacturing firm,has subsidiaries throughout the globe that have to respond to varying local market requirements.Therefore,the firm has planned to adopt a local-for-local approach to innovation.Which of the following statement is true in this context?
A) The subsidiaries of M&P and their R&D divisions will be highly autonomous.
B) The subsidiaries will achieve abundance of scale in R&D activities.
C) This approach will make diffusion of valuable innovations across the company simple.
D) This approach will eliminate redundancy in activities.
Correct Answer:
Verified
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