With this credibility, the company will gain long-term profits. So, the responsibility of the R&D team is indirectly to increase the company's credibility. . Improving Company Finances Those who work in the R&D team must also be able to present the company's vision to potential investors directly. They must be able to show that the company is able to develop and continue to innovate for now and in the future.
Minimize company expenses Next, the responsibility of the R&D team is to reduce product manufacturing costs. They must collect various information and data about competition Solomon Islands Email List in the market, target market, and other things. The results of this information will later be used to develop products. So, the company's expenses for making products are not too much and products or services can be sold at more competitive prices.
Also read: Ansoff Matrix: Definition, How to Create it, Strategy, and Examples Research and Development Stages After we know together about research and development, the important role and benefits of carrying out this activity, then you also have to know the various types that you can apply. Summarized from the Inc page. and Forrest Brown , several stages of R&D are as follows.