Which of the Following Statements Is True for Research and Development

Multiple Choice

Which of the following statements is true for Research and Development?

A) It refers to the process of promoting the use of scientific knowledge in forecasting the demand for different products in the market.
B) It refers to the process of identifying new ideas and turning them into tangible products or processes.
C) It refers to the pursuit of investigations without commercial goals, focusing on unravelling the secrets of nature.
D) It refers to the use of technology in trying to understand the latent needs and preferences of the customers in the market.
E) It refers to any confidential business information which provides an enterprise with a competitive edge.