Which of the following refers to the expertise, competencies, and skills of established retailers in a nation, and their ability to sell and support the products of international businesses?

Vernon argues that pioneering firms in the United States kept production facilities closer to the market and centers of decision making because:

A. of the uncertainty and risks inherent in introducing new products. B. they believed that foreign production facilities were inferior in technical skills. C. they believed that U.S. labor costs were much lower than those in foreign markets. D. the U.S. government was critical of outsourcing production to other countries. E. of the high trade barriers implemented by several Asian and European countries.

The perpetual method of records transfer requires a duplicate set of storage equipment

Indicate whether the statement is true or false.