A group of scientists at a biotechnology firm conducted extensive trials in a laboratory for over a decade before creating a formula that could be used to develop a drug to treat cancer.The firm invested a lot of money in these trials with the idea of generating revenue through sales.The method used by the company to develop the new product is best termed as:
A)licensing.
B)reverse engineering and improvement.
C)internal research and development.
D)brainstorming.
E)concept testing.

Question

Quizplus · Accepted Answer

The company conducted extensive trials in a laboratory for over a decade before creating the formula, indicating that they invested in internal research and development to create the drug.

A Group of Scientists at a Biotechnology Firm Conducted Extensive