Investment in R&D
Investment in R&D and its Impact: Special Reference to Explosives for Rock Blasting : Dr. Manoj Kumar Patel : The purpose of a business is to earn a profit. Thus, investment for profit is a general concept. Investments for doing business are made for purchases of land and plant machinery, construction of buildings and storehouses, the establishment of logistics, procurement of input materials, and recruitment of manpower. When all these things are put together, business starts happening and profits accrue. With all these things in place, the business now should run like a perpetual machine. But that does not happen. Huge successful business organizations like Ford Motors, Xerox, Sears, Roebuck and Company, Pan American World Airways (Pan Am), Trans World Airlines (TWA), Eastman Kodak Co., more commonly referred to as Kodak ( KODK ), Pontiac of General Motors Co. ( GM ), Jordache, Compaq, US Airways, Enron, Woolworth's, Standard Oil vanished from the market and