Research and Development on
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fyi: please read first before try to work on this paper, I need someone with experience on
CAPSIM .
I will provide the all the six rounds overall pictureof the company ( which by the way is not doing so well now ) , you will working on Andrew’s company. I will also provide cash flow , balance sheet and income statements for the 6 rounds for addition info. Instructions below
The Research and Development Department of the company is in charge of designing the product line, making improvements to existing products, and coming up with new products to meet customer demand and stay competitive. Write a paper to discuss and analyze the general importance of R&D in and organization and then specifically analyze your own R&D strategy for your company up through the first six rounds. What was your initial strategy for R&D? Did that strategy work well? What did you change in regard to R&D as the rounds progressed, and why? What did you base your R&D decisions on? (
Length: 3 – 5 pages not including title page and references
Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Please use at minimum of three outside scholarly sources for support.
ATTACHMENTS
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REQUIREMENTS
school management school R&D school capsin
-the rest of the report ask me any question
Additional information
things I did that I could have done different on the r&d :
*For existing products, the farther the move 0r schedule to make the product, the longer the time and the higher the cost. my r&d cost went up because the product was schedule further away , now I am looking to change that . after the first 3 rounds it was hard to make adjustment to schedule in the right time . the company was losing a lot money . I decide to drop the price and promote the product more. which also did not help . I should been aware of the cost that comes with r&d that schedule close to the end of the year. just extra info of what I was trying to accomplish with Andrew’s company
Solution Preview
Research and development particularly refer to the branch of a company’s operations that looks for knowledge in the development, designing as well as enhancing the company’s services, products, processes or even technologies (Tyler, 2018). Apart from creating new and innovative services and products that will add value to the old ones, the research and development program encourages the connections of various parts that should be included as part of a company’s business plan as well as strategies such as cost reduction and marketing.
(903 words)