How can R&D (research & Development) benefint a company??

Question

if i start a Research & Development department in my company.. how can that help?
how to cinvince the management department to accept that..???

i need scientific answers...
proofs and statements..
to convince others...

Answer 1

Well, w/ R&D you can benefit because you will understand better your market, what consumers like and what they dont. If you see marketing ideas are not really attracting people, i think that the best thing to do is R&D. That way you can get feedback and improve your products and services.

Answer 2

moving of a company forward depends upon its men who work there . if research and development is in progress there will be more demands for the material therefore a better sale could be seen in the market as people always long for new ne unseen item in better quality and of low low rates . in the above ways it helps the company's output . to convince the management it has to show its shining in the market and that is possible only if the management department accept the concept of Research&Development .

Answer 3

R&D in a company will help the company management to increase its revenues by improving the quality of some products or services and the efficiency in its distribution.
R&D will help also the management of the company by suggesting to implement a certain process or action that can reduce its costs or expenses so the company profit will increase.
R&D can suggest also to decrease its employee by increasing its productivity.
You must convince your management by showing the supporting evidence from your result of research and development activities
It is better if you can explain it by figures in your computation the favourable effect of your recommendation.if it is implemented.

Answer 4

The inventory marketplace is a secondary marketplace. once you purchase a inventory, you're actually not making an investment in a organisation because of the fact the organisation does not easily get any of that money. you're basically procuring and merchandising products of paper with yet another investor or financial organisation. Why could there be tax breaks for that?