FULL FORM OF R&D
FULL FORM OF R&D
R&D stand for Research and Development. It is the activity that a business conducts to improve their existing services or products or for development for the new or advanced products or services. It is the first stage in the development process of any company. The aim is to take new products and services to market and add to the company's bottom line.Companies across all sectors and industries undergo R&D activities. R&D helps in corporation growth .Pharmaceuticals and software/technology companies tends to spend most on research and developments.
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