Although standardization is an important element of a global ...

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Although standardization is an important element of a global strategy, standardization is less important for product research and development due to the unique nature of R&D.
 
 Indicate whether the statement is true or false

Question 2

According to Maslow, people generally fulfill higher-order needs before they fulfill lower-order needs.
 
 Indicate whether the statement is true or false

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Answer to Question 1

F
Standardization is particularly important for product research and development. Economies of scale can be achieved if there is a concentration in research and development.

Answer to Question 2

False

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