Which of the following industries spend the greatest proportion of their costs on Research & Development (R&D) activities?
A)education
B)construction
C)pharmaceutical
D)automobile

Question

Quizplus · Accepted Answer

The pharmaceutical industry spends the greatest proportion of their costs on Research & Development activities.
Key Takeaway: R&D is an important investment for companies that develop and improve their products continually. Pharmaceutical companies spend the greatest proportion of their costs on R&D activities (up to a third for some companies) in the development and testing of drugs. Other industries that spend a high proportion of their costs on R&D are technology, telecommunications, and other health industries.

Which of the Following Industries Spend the Greatest Proportion of Their