Economy, asked by hossainriya21, 7 months ago

how business research and development are important for business promotion?

Answers

Answered by amishidps

R&D plays an important role in enhancing the capability of companies because they stimulate innovative methods of production,reduce costs and improve product quality. The product researchers use marketing information which helps them to develop products or services and chooses suitable designs.

Answered by sushumna47

Answer:

R&D plays an important role in enhancing the capability of companies because they stimulate innovative methods of production,reduce costs and improve product quality. ... The product researchers use marketing information which helps them to develop products or services and chooses suitable designs.

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