General Studies · Research and Development
Which of the following statements regarding the Research and Development (R&D) function of a business are correct? (1) It is primarily concerned with market research. (2) It can improve existing products as well as develop completely new products. (3) It has been less important for firms manufacturing computers to meet an existing industry standard than for firms developing the next generation of computers. (4) It is always undertaken under contract by specialist external consultancies.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(2) and (4) only
- 2(1), (3) and (4) only
- 3(2) and (3) only✓
- 4(1) and (2) only
Correct answer
(2) and (3) only
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