What is R&D?
Answer:
Research and Development (R&D) is the process of creating new products and/or improving existing ones. The R&D process refers to investigating new technologies as well as investigating marketing feasibility, design, prototyping, production, and manufacturing processes.

R&D involves all steps in the product development process, from initial conceptualization to actually creating a fully functional product that can be introduced to end use consumers. The R&D process includes exploring market needs and identifying innovative ways to meet them.

Some businesses have departments dedicated to R&D, with employees who specialize in creating new products. R&D professionals continually investigate process and technological improvements for current product offerings.
  more Q&A sessions like this
  • No similar answers found

Trackback(0)
Comments (0)add comment

Write comment
You must be logged in to post a comment. Join for free or Login.

busy