Use the Following Two Statements to Answer This Question

question 39

Multiple Choice

Use the following two statements to answer this question:
I.Real option valuation takes into account that a firm responds to different circumstances and changes its operating characteristics.
II.Real option valuation places great weight on the flexibility involved in a firm's operations.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct, II is incorrect.
• D)I is incorrect, II is correct.

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Definitions:

Grapevine

Informal communication network within an organization, known for spreading rumors and unofficial information rapidly.

Text Messaging

The act of sending short, digital messages between mobile devices over a network.

Oral Communication

The process of verbally transmitting information and ideas from one individual or group to another.

Visual Literacy

The ability to interpret, negotiate, and make meaning from information presented in the form of images, extending the meaning of literacy beyond just words.