ABC Operates a Factory in the United Kingdom

question 59

Multiple Choice

ABC operates a factory in the United Kingdom.Because the company's existing factory doesn't have the capacity to meet the future demands,it is considering various options.Consider the payoff matrix that shows the payoff for each combination of decision and state of nature.Determine the best alternative,given that the demand will be high.

• A)Expand current facility
• B)Build small factory
• C)Build large factory
• D)Determine a new alternative

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Definitions:

Telecommunication

The transmission of information over distances through electronic means, including telephone, internet, and satellite communications.

Virtual

Existing or occurring on computers or on the internet rather than in the physical world.

Information Technologies

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Complementary Skills

Diverse abilities and expertise that team members bring together to achieve common goals more effectively.