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British multinational consumer goods

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Unilever is a British multinational consumer goods company headquartered in London. However, it has production facilities in all around the world for instance in countries like Malaysia and Vietnam. Its sales are worldwide in scope and diverse in scale, encompassing from small goods such as Dove soap to food items such as Wall's ice cream. Source: Adapted from Unilever, 2021, 'Unilever at a glance', viewed on 12 November 2021, < https://www.unilever.com/our-company/at-a-glance/>.

Discuss TWO (2) reasons that R&D and innovations are important for Unilever to grow economically.

Reference no: EM133091771

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