Experimentation and generation of ideas related to new product or services are included in
A. addressing management
B. research and development
C. value development
D. service provider
Answer: Option B
Solution(By Examveda Team)
Experimentation and generation of ideas related to new product or services are included in research and development. Research and development (R&D) refers to the activities companies undertake to innovate and introduce new products and services. It is often the first stage in the development process.This Question Belongs to Management >> Management Accounting
Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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