How well did you understand that investments and payoffs take time to kick in for Research & Development?

Investment and payoffs take time to kick in for research and development of the company and its products. Through investing in the research and development company can improve sales and business in the targeted market. investment as the financial resource provide support in conducting activities related to market research that help the management in understanding the market requirements, consumer demands about products, competitor’s strategy and current market trends that are necessary to win maximum market shares. 

Not using R&D effectively hurt our position

              Efficient use of the research and development is to pay enough attention to the research and in such a way that provide comprehensive understandings of the segmented market and targeted customers. If we will not pay enough attention to the research and development in our company it may hurt our position in the market as without having complete research of the market we cannot develop the right strategies for marketing, positioning and setting prices. However, without having research and development we cannot understand the customer’s requirements that are must to understand in order to provide the best products in the market. And it is clear that customer only purchase the products that meet their requirements. Thus poor system of Research and development can result in financial loss for the company.

Investments (Robotic Upgrade for cameras)

          Investment will be taken from offering capital shares in the open market. A fixed budget set out for the research and development for the cameras will help out the company to organize their activities for R&D. In accordance with the financial analysis the total budget set for the advertisement of cameras is $7500 in North America, $7000 in European Africa, $6000in Asia Pacific, and $2000 in Latin America.