One of the Primary Motives for Adding Fixed Assets to a Firm

question 138

Multiple Choice

One of the primary motives for adding fixed assets to a firm is ________.

• A) expansion
• B) replacement
• C) renewal
• D) transformation

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Definitions:

Manufacturer

A company or individual that produces finished goods from raw materials on a large scale, utilizing machinery, labor, and other resources.

Marketing Channel

An assembly of institutions, persons, actions, knowledge, and materials tasked with transferring an item or service from the creator to the consumer.

Types of Power

Refers to the different bases or sources of authority and influence, such as coercive, reward, legitimate, expert, and referent power, each affecting behavior in varied ways.

RFID

Radio Frequency Identification, a technology used to automatically identify and track tags attached to objects using electromagnetic fields.