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Research and development refer to activities in connection with company or authorities innovation. Research and improvement represent the first stage of development of a potential new service or product. Research and growth are very difficult to handle since the defining feature of the analysis is that the researchers do not know prematurely exactly how to accomplish the desired end result. Business organization, an entity shaped for the aim of carrying on commercial enterprise. Such an organization relies on techniques of law governing contract and exchange, property rights, and incorporation. Generally, firms are required to pay tax similar to "actual" individuals. The first characteristic, plurality of membership, distinguishes the business association from the enterprise owned by one individual; the latter doesn't have to be regulated internally by legislation, as a outcome of the only owner totally controls the assets. When companies need to raise money , they ge