A set of activities intended to identify new ideas and technical advances that may result in new goods and services is called
A) research and development.
B) operations management.
C) design planning.
D) product design.
E) horizon planning.

Question

Quizplus · Accepted Answer

Research and development typically involves a set of activities aimed at identifying new ideas and technical advances that can result in new goods and services. The focus is on exploring innovative solutions and developing new technologies or processes that can be used to create new or improved products or services. Operations management relates more to the efficient management of production processes and resources, design planning involves the creation of specific plans for the design of products or services, product design is focused more specifically on the actual design process, and horizon planning is a broader term that encompasses various strategic planning activities.

A Set of Activities Intended to Identify New Ideas and Technical