Which One of the Following Refers to the Option to Expand

question 81

Multiple Choice

Which one of the following refers to the option to expand into related businesses in the future?

• A)Strategic option
• B)Contingency option
• C)Soft rationing
• D)Hard rationing
• E)Capital rationing option

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Definitions:

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of various elements.

Production Control

The activity of planning, coordinating, and controlling the manufacture process from raw materials to finished product delivery.

Form Utility

The value added to goods through a change in form, shape, or appearance, to make them more useful or appealing.

Raw Materials

Basic substances in their natural, modified, or semi-processed states, used as inputs to a production process for manufacturing finished goods.