Which One of the Following Statements About Capacity Expansion Is

question 14

Multiple Choice

Which one of the following statements about capacity expansion is best?

• A) The wait-and-see strategy involves small jumps in capacity compared to the expansionist strategy.
• B) The expansionist strategy involves frequent jumps in capacity compared to the wait-and-see strategy.
• C) The expansionist strategy minimizes risk.
• D) The follow-the-leader strategy can help a firm gain a competitive advantage.

---

Definitions:

Transportation Links

Physical and logistical network connections that facilitate the movement of goods, services, and people from one location to another.

Louisiana Purchase

The acquisition of the Louisiana territory by the United States from France in 1803, dramatically expanding the size of the nation.

Jefferson

Thomas Jefferson, the third President of the United States (1801–1809), principal author of the Declaration of Independence (1776), and one of the most influential Founding Fathers for his promotion of the ideals of republicanism in the United States.