Create a 7 page essay paper that discusses Research & Development.
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To cope with the changing situations, the essence of research and development is increasingly felt. Constant research and development in almost every aspect of life is being continuously conducted to generate better value to its related factors.
Like other sectors of industry (e.g. technology, communication, marketing and finance, etc), labor sector is also under the constant purview of research and development. The most important feature which makes labor industry significantly different from that of other functions is the psychological touch involved in it along with the technical expertise. The laborers of any industry are human beings in first place and so they have aspirations, goals, objectives and needs. Again these psychological factors differ from laborers to laborers depending upon their culture, backgrounds, perceptions and prejudices and other factors.