RND stands for Research and Development. It is a term related to Academic, Useful Terms and Definitions which we use in daily life but we do not know their full name meaning, Here’s a list of important abbreviations that you should know.
|RND||Research and Development|
Full Form of RND
The full form of RND is the Research and Development. RND’s full form is Research N Development. Research and Development (RND) refers to activities that are undertaken by an organization to innovate and introduce new products and services or to improve their existing offerings.
Research and development, known in Europe as research and technological development, refers to innovative activities undertaken by corporations or governments in developing new services or products or improving existing ones.
Here you learn the full name and complete information of Research and Development, if you have questions and answers related to RND, then tell us your thoughts in the comment, know the complete meaning of RND in this article.
Research and development are very difficult to manage, since the defining feature of research is that the researchers do not know in advance exactly how to accomplish the desired result.
As a result, “higher RND spending does not guarantee more creativity, higher profit or a greater market share”. Research is the most risky financing area because both the development of an invention and its successful realization carries uncertainty including the profitability of the invention.
One way entrepreneurs can reduce these uncertainties is to buy the license for a franchise, so that the know-how is already incorporated in the license.
Other Full Form of RND
|RND||Railroads for National Defense||Transportation|
|RND||Reflex Neurovascular Dystrophy||Medical|
|RND||Reflex Neurovascular Distrophy||Medical|
|RND||Rare Neurological Diseases||Medical|
|RND||Radical Neck Dissection||Medical|