Arctic Inc

question 6

Multiple Choice

Arctic Inc. has built a highly interactive operating system for mobile and other electronic gadgets. The development cost to the company was high but the system was inexpensive to sustain and market. The NPV of this project was negative. However, in the coming years the company plans to launch mobile phones, portable audio and video devices. The decision of launching the operating system for mobile and other devices is an example of:

• A) option to defer investment.
• B) option to abandon a project.
• C) option to change operations.
• D) option to make follow-on investments.

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Definitions:

Hemocoel

A primary body cavity of most invertebrates, containing circulatory fluid instead of blood and distinguished by the lack of a true coelom.

Hemolymph

The fluid equivalent to blood found in most invertebrates, which occupies the interior cavity of the body and directly bathes the internal organs.

Open Circulatory System

A type of circulatory system in which the circulating fluid (hemolymph) is not entirely contained within blood vessels but bathes the internal organs directly in an open body cavity (hemocoel).

Arthropods

A large group of invertebrate animals characterized by their segmented bodies, exoskeleton, and jointed limbs, including insects, arachnids, and crustaceans.