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From course:

ACCA Paper F3/FA/FFA

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Question:

What is development?

Author: Christy B.



Answer:

The application of research and knowledge to the production of new or greatly improved products or services.


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Alternative answers:

"The application of research findings or other knowledge to a plan or design for the production of new or substantially improved materials, devices, products, processes, systems or services before the start of commercial production of use."