Which of the following statements is true about R&D?
A)Companies invest in R&D to gain a pipeline of new products.
B)Corporate R&D began in the United States with Luis Walter Alvarez.
C)Edison's patents had more to do with individual genius and less to do with management genius.
D)R&D refers to two independent processes of identifying new ideas and copying them for multiple companies.
E)Bringing management discipline to R&D restricts invention by limiting the creative genius of employees.

Question

Quizplus · Accepted Answer

Companies invest in R&D (Research and Development) primarily to innovate and develop new products, technologies, or processes that can give them a competitive edge in the market. This investment is crucial for maintaining a pipeline of new products that can sustain and grow the business over time.

Which of the Following Statements Is True About R&D