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Unformatted text preview: CNB also has implemented cutting edge computerized equipment throughout its facilities. For the last past three years, CNB spent 5% on sales revenue on R&D. This expenditure will increase productivity and improve quality in the manufacturing process Source: CNBs company profile, 2008 Therefore, technology is the nature of both new product and the manufacturing process in the Security equipment Industry. A focus on R&D and fast commercialization of new technology has helped CNB stand out from competition....
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This note was uploaded on 09/07/2010 for the course MGMT MTG508 taught by Professor Leepickler during the Spring '09 term at Northcentral.
- Spring '09