The research and development (R & D) function of a  business:
(i) Is primarily concerned with  market research
(ii) Can  improve existing products as well  as developing completely new products
(iii) Has been  less important for firms manufacturing computers to  meet an  industry standard than for those firms developing the next generation of computers
(iv) Is always undertaken  under contract by specialist external consultancies Which of the above statements are correct?
A(ii) and  (iii) only[|](i) and  (ii) only[|](ii) and  (iv) only[|](i)
B  (iii) and  (iv) only