Question

Which of the following is/are example(s) of Research and Development activity?

• A. Creating an entirely new product/ feature.
• B. Formulating/ creating highly effective marketing strategies.
• C. Reducing the corporate income tax.
• D. All of the above

Answer 1

The correct option is D All of the above

Research and development (R&D, R+D, or R'n'D), also known as research and technological development (RTD), refers to innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products.

Research and development (R&D) refers to the work a business conducts for the innovation, introduction and improvement of its products and procedures. It is a series of investigative activities to improve existing products and procedures or to lead to the development of new products and procedures.