The decision to start or expand a business is known as the
A) Output decision.
B) Investment decision.
C) Production decision.
D) Profit maximization decision.

Question

Quizplus · Accepted Answer

The decision to start or expand a business involves investing money in the venture, hence it is known as the investment decision. The other options - output decision, production decision, and profit maximization decision - are all important considerations in running a business, but they are not the primary decision involved in starting or expanding the business.

The Decision to Start or Expand a Business Is Known