Explain about traditional view of research and development
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Research and development are various activities that are initiated by the companies, corporations or governments for creating innovative products and services for the benefit of the consumers.
Explanation:
- Every company has its own specific requirements hence the research and development activities differ from one enterprise to another.
- There are various engineers and scientists who are working in different research and development sectors across the country.
- Every company needs to innovate and create new designs or improve on the existing services or products for surviving in the market.
Learn more about research and development
Impact of research and development expenditure on net sales of orgnisation
https://brainly.in/question/12704744
Research and development definition by Gibson 1981
https://brainly.in/question/7463736
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