This now the unit has dealt with competitive strategy by emphasizing customers and their ultimate role in determining competitiveness by collectively choosing to buy the…

One standard definition of research and development states that research is an undirected basic science or a directed or applied science where development in research…

The selection of R&D projects is the most important of all the R&D management activities. Unless an R&D department is working on the right R&D…

In order to develop a R&D strategy, a R&D organization first must make sure that certain conditions are in place. There are seven prerequisites for…

Step 1. Belief that R&D Strategy solve Problems  Although the idea of developing a R&D strategy may be accepted, usually development of an R&D strategy…

Few R&D organizations in India have a R&D strategy or have established the conditions required for developing a R&D strategy. For example, few R&D organisations…

An essential component of competitive strategy is recognizing the role that Research and Development plays in the competitive success of a firm, and acting to…

A firm operates in complex environment, which has social, political, cultural, legal and economic facets. The decision making process of the firm is influenced by…

Market means a place where people gather to carry out transaction and exchange something for value. Market is an essential part of any economy and…

CharacteristicsA perfectly competitive market has a very large number of relatively small buyers and sellers. The product is homogeneous. There is free entry and exit…