Research and Development Activities Are Concerned with

question 71

Multiple Choice

Research and development activities are concerned with

• A)product design.
• B)production processes.
• C)service activities as well as manufacturing activities.
• D)intangible as well as physical products.
• E)all of these choices.

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Definitions:

Outsource

The practice of hiring third-party vendors to perform tasks, handle operations or provide services that are either difficult to manage or outside of a company's core competencies.

Support Functions

The various back-office activities and services that help an organization run smoothly, such as IT, HR, and finance.

Team Structure

The arrangement and organization of a group of individuals working together towards a common goal, defining roles, responsibilities, and the hierarchy.

Effective Lateral

A term relating to efficient communication and collaboration across different levels or departments within an organization, without relying on hierarchical chains of command.