Buieness Management Extra part 2 Flashcards
1
Q
Research and development
A
Research and Development refers to the set of activities undertaken to improve existing products, create new products and improve production processes
2
Q
Methods for fostering a culture of business innovation
A
Innovation and entrepreneurship may be encouraged and nurtured in the nation in many ways, including government investment in research and development,council grants for new businesses,school based educational programs in entrepreneurship and regional start up hubs.
3
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Bu
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11
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