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Global Business Discussion Forum

Function of Research and Development departments

Quality & Planning

On 08-Aug-2014 11:10 AM

2 Reply(s)

Gabriala

Gabriala

Research and Development departments are common in many larger companies, especially those working with newer products or technologies subject to important shifts. While research and development work can be instrumental in creating new products or adding features to old products, the work that the department does is more complex than simple innovation. R&D is connected to marketing, cost management and other parts of business strategy.

Merryl Senuri

Merryl Senuri

Hi Jessie and Gabi you both have explained the functions of research and development departments accurately.