Managerial Decision Making by Jeffrey Yi-Lin Forrest & Jeananne Nicholls & Kurt Schimmel & Sifeng Liu

Managerial Decision Making by Jeffrey Yi-Lin Forrest & Jeananne Nicholls & Kurt Schimmel & Sifeng Liu

Author:Jeffrey Yi-Lin Forrest & Jeananne Nicholls & Kurt Schimmel & Sifeng Liu
Language: eng
Format: epub
ISBN: 9783030280642
Publisher: Springer International Publishing


7.6 Operational Procedures

This section analyzes the following set of variables: “R&D assets and strategies,” “monitoring of competitors,” “marketing strategies,” “personnel qualification/experience,” “HR strategies,” “advanced equipment/technologies,” “degree of capacity utilization,” “financial autonomy,” “turnover/profit,” and “budget/funds availability.”

Having an in-house research and development (R&D) is generally for one or more of the following reasons:Create, exploit, and transform new how-to knowledge into new market offers and/or processes of operation or production (Keizer et al. 2002).



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