Which of the following is considered research and development costs?

a. Planned search or critical investigation aimed at discovery of new knowledge.
b. Translation of research findings or other knowledge into a plan or design for a new product or process.
c. Neither a nor b.
d. Both a and b.

Answer: d. Both a and b.

Business

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A company's best prospects are customers who have never bought its products

Indicate whether the statement is true or false

Business

In the ________ stage of the internationalization process, a firm targets numerous foreign markets via various entry modes, especially FDI

A) pre-export B) domestic focus C) experimental involvement D) committed involvement

Business