Applied research is the major R & D effort of business organizations because of the desire for commercial applications.

Question

Quizplus · Accepted Answer

Applied research is focused on practical applications and is typically the main focus of business organizations as they seek to develop new products, improve existing ones, or solve specific problems. Basic research, on the other hand, is more focused on expanding knowledge and understanding without necessarily having immediate practical applications.

Applied Research Is the Major R & D Effort of Business