true or false To combine research from different fields or locations and to accelerate the development of new products is a reason for establishing a new venture.

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter6: Category Strategy Development
Section: Chapter Questions
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To combine research from different fields or locations and to accelerate the development of new products is a reason for establishing a new venture.

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Step 1 Introduction

The term research in a broad sense refers to discovering and exploration in a new field to gain insights and have changes over the pre-existing methods in order to be more efficient and productive. Research with the end results and insights on a specific domain can help bridge the gap between current and ideal state of any individual or organization. 

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