As Related to Businesses, the Term "Research and Development" Is

question 1

Multiple Choice

As related to businesses, the term "research and development" is used loosely to include direct efforts toward

• A) invention, innovation, and diffusion.
• B) basic research and applied research.
• C) laboratory research and business research.
• D) academic research and economic development.

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a company, which represents the amount invested by the owners plus any retained earnings.

Capital in Excess

Funds or assets available to a company beyond what is required for normal operations, often used for investment or expansion.