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Which of the following are research and development activities?
I. Adaptation of an existing capability to a particular requirement or customer's need.
II. Searching for applications of new research findings.
III. Laboratory research aimed at discovery of new knowledge.
IV. Conceptual formulation and design of possible product or process alternatives.

Answer :

TomShelby

Answer:

III. Laboratory research aimed at discovery of new knowledge.

Explanation:

This activity fits into hte definition of research activity:

Research: Planned search (It is done because the firms wants to engage in it) aimed at discovery of new knowledge (materials, techniques) with the hope that it will be useful (reasch for something do not guarantee for a positive outcome in the near or long future example: research alchemy to turn coal into gold)

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