Which of the Following Statements Is True About Buying an Old

question 231

Multiple Choice

Which of the following statements is true about buying an old factory?

• A) It is a financial investment but not an economic investment.
• B) It is an economic investment but not a financial investment.
• C) It is both an economic and a financial investment.
• D) It is neither an economic nor a financial investment.

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Definitions:

Admits Guilt

The act of acknowledging responsibility for a wrongdoing, often in a legal context, to demonstrate remorse or acceptance of consequences.

Postcrisis Review

The evaluation process conducted after a crisis to assess an organization's response, learn lessons, and improve future crisis management plans.

Crisis Plan

A predefined strategy or set of guidelines devised to help an organization respond effectively to an emergency or sudden adverse event.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.