Question

Why I don't consider the budget allocated for R&D in machine design important. 5 points

Answer 1

Innovations made during R&D process can be protected by patents or other intellectual property rights, which can prevent competitors from copying them

Answer 2

Investing in R&D can help you develop the skills of your employees and your business, contributing to the long-term success of your business

Answer 3

Investing in R&D can increase the quality and durability of machines, leading to higher customer satisfaction and repeat customers.

Answer 4

R&D can help the business to gain a permanent competitive advantage.

Answer 5

The budget allocated for R&D can be recouped in the future by designing more innovative and efficient machines.

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1 Why I don't consider the budget allocated for R&D in machine design important. 5 points

2 Innovations made during R&D process can be protected by patents or other intellectual property rights, which can prevent competitors from copying them

3 Investing in R&D can help you develop the skills of your employees and your business, contributing to the long-term success of your business

4 Investing in R&D can increase the quality and durability of machines, leading to higher customer satisfaction and repeat customers.

5 R&D can help the business to gain a permanent competitive advantage.

6 The budget allocated for R&D can be recouped in the future by designing more innovative and efficient machines.

Why I don't consider the budget allocated for R&D in machine design important. 5 points