In what industry would it be expected that companies would spend a significant amount on research and development activities?
A)Pharmaceutical.
B)Clothes retailer.
C)Groceries.
D)Wholesale distributor of computer parts.

Question

Quizplus · Accepted Answer

In the pharmaceutical industry, companies need to invest heavily in research and development activities to develop new drugs, ensure their safety and efficacy, and obtain regulatory approvals. This is a highly competitive industry where innovation is critical to success, so companies must continuously invest in research and development to stay ahead of the competition.

In What Industry Would It Be Expected That Companies Would