Four common approaches to determine R&D budget allocations are: 1) finance as many project proposals as possible; 2) use a percentage-of-sales method; 3) budget for R&D about what competitors spend; or 4) decide how many successful new products are needed and work backwards to estimate the required R&D investment.

Question

Quizplus · Accepted Answer

These are commonly used approaches to determine R&D budget allocations.

Four Common Approaches to Determine R&D Budget Allocations Are: 1)