The Two Main Categories of Real Options Are Growth Options

question 52

Multiple Choice

The two main categories of real options are growth options and flexibility options.Which of the following investments is not a growth option?

• A)Ford's acquisition of programmable robots that allow different models of car to be produced on a single assembly line
• B)Facebook's acquisition of WhatsApp 2014
• C)Apple's program of research into virtual reality
• D)Callaway Golf's strategic alliance with Automobili Lamborghini to develop new composite materials

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Definitions:

Alternation of Generations

A reproductive cycle of certain plants and algae that involves a regular alternation between two distinct forms: the sexual phase (gametophyte) and the asexual phase (sporophyte).

Liverwort

Bryophyte with a lobed or leafy gametophyte and a sporophyte composed of a stalk and capsule.

Protonema

The initial stage in the life cycle of mosses and some algae, characterized by a thread-like chain of cells.

Gametophyte

The haploid stage in the life cycle of plants and algae that produces gametes, or sex cells, through mitosis.