Which of the Following Statements Is True About Specialized Assets

question 115

Multiple Choice

Which of the following statements is true about specialized assets?

• A) The value of a specialized asset significantly increases in its next-best use.
• B) When one firm must invest in specialized assets to supply another, mutual dependency is created.
• C) When substantial investments in specialized assets are required, firms prefer to contract it out to a supplier.
• D) A specialized asset is a flexible manufacturing technology that can be put to multiple uses.
• E) Using a specialized asset allows firms to switch their orders easily between suppliers.

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Definitions:

Gender Attitudes

The beliefs and expectations about the roles, behaviors, and activities deemed appropriate for men and women in a society.

Same-Sex Playmates

Refers to children who prefer to engage in play activities with peers of the same gender.

Clear Preference

A situation or condition where an individual shows a strong and unmistakable choice or liking toward a particular option or item.

Evolutionary Theory

A scientific explanation for the diversity of life on Earth, positing that species change over time through processes like natural selection and genetic mutation.