Industries with relatively high ________ are among the most globalized.
A) human resource costs
B) production expenditures
C) R&D expenditures
D) raw material costs

Question

Quizplus · Accepted Answer

Industries with high R&D expenditures are often the most globalized because innovation and technology are critical for staying competitive in today's global economy. Companies will invest in R&D in various locations across the world to access diverse talent pools and take advantage of tax incentives and government grants for research. This has resulted in expansive global supply chains and businesses with operations across multiple countries.

Industries with Relatively High ________ Are Among the Most Globalized