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Question
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 is true in this context?
a. The subsidiaries of M&P Inc. and their R&D divisions will be highly autonomous.
b. The subsidiaries will achieve economies of scale in R&D activities.
c. This approach will make diffusion of valuable innovations across the company simple.
d. This approach will reduce redundancy in activities.
Answer
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