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Refer to Scenario: Pacific Health Care.Discuss the disadvantages of internal staffing and the advantages of external staffing.
R&D
Short for Research and Development, involving investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.
Invention
The creation of a new product, system, or process that has never before been made and is recognized as the product of some unique insight.
Basic Research
Research aimed at gaining more comprehensive knowledge or understanding of the subject without targeted applications towards processes or products.
Process Innovation
The implementation of a new or significantly improved production or delivery method in a business or industry.
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