Why R & D is an important factor in productivity improvement and how it contributes to it. Introduction: Research and development (R&D): The research and development of a firm will be given the job of identifying new technologies, processes, and methods available. Any new processes, technologies or methods will be implemented only after the consent of the R & D department.

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Summary Introduction

To determine: Why R & D is an important factor in productivity improvement and how it contributes to it.

Introduction:

Research and development (R&D):

The research and development of a firm will be given the job of identifying new technologies, processes, and methods available. Any new processes, technologies or methods will be implemented only after the consent of the R & D department.

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