56. Objectives of research and development costs include:
(A) Maintaining present competitive position
(B) Improving enterprise's competitive position
(C) Exploring now market/products
(D) All of the above
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Answer:
d
Explanation:
all of the above ,love from andhra
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The Answer is:
(D) All of the above
- Direct costs associated with a business's attempts to create, design, and improve its goods, services, technology, or procedures are known as research and development expenses.
- R&D costs are often greatest in the economic, technical, medical, and pharmaceutical sectors.
- A competing strategy is a long-range business strategy created by businesses to protect their position in the marketplace and obtain a competitive edge.
- It becomes tougher to stay up as industry competitiveness increases.
- Setting a low threshold while entering a crowded market may make it difficult for you to engage with your rivals, particularly those who provide identical goods.
- Undoubtedly one of the most interesting phases of the production cycle is researching a prospective potential market.
- Now is the moment to examine a client requirement or issue and determine the size of the potential business chance to meet the wants of the customers throughout a good or service.
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