In what industries would it be expected that companies would spend a significant amount on research and development activities?
A) Health.
B) Clothes retailer.
C) Auto.
D) Both (a) and (c).

Question

Quizplus · Accepted Answer

Companies in the health and auto industries are known to invest significantly in research and development activities. In the health industry, research is necessary to develop new drugs and medical devices, while in the auto industry, research is required to innovate and improve manufacturing processes and create better and safe vehicles. Clothes retailers, on the other hand, may invest in fashion design and marketing research, but it is not typically considered as R&D activities.

In What Industries Would It Be Expected That Companies Would