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According to Bolton, a. Firms that follow reflective imitation will have less need for R & D expenditures than those firms that follow innovative strategy.

According to Bolton, a. Firms that follow reflective imitation will have less need for R & D expenditures than those firms that follow innovative strategy. b. Global resources could be used efficiently when global competitive forces follow exclusively innovative strategy. c. Firms that produce products that have shorter life cycle will be better off when they follow reflective imitation than innovation. d. All of the above are true statements. e. only a and c are true statements

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