Discuss the major R&D approaches for implementing strategies. Discuss guidelines used to determine whether a firm should conduct...

50.1K

Verified Solution

Question

Operations Management

Discuss the major R&D approaches for implementingstrategies.

Discuss guidelines used to determine whether a firm shouldconduct R&D internally or externally.

Answer & Explanation Solved by verified expert
4.0 Ratings (430 Votes)
The 3 major RD approaches for implementing strategies would be as follows 1 First to market new technological products this can be both on the consumer as well as the industrial products front All companies in every industry are relying that this new product would fuel profitability and growth 2 Innovative imitation of successful tried and tested product Improvement    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students