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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Describe how research and development leads to new products.

Summary Introduction

To determine: The ways in which research and development leads to new products.

Introduction: Research and development (R&D) is to any movement related with making new developments in existing product, administrations, or techniques or the revelation of new advancements that prompt the creation new items.

Explanation

The ways in which research and development leads to new products are as follows:

Research and development (R&D) is a set of actions expected to recognize new thoughts that can possibly bring about new products and services. At present, business firms utilize three general sorts of R&D activities.

  • Fundamental or basic research is gone for revealing new learning...

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