Haverting Inc. is a fast-growing biotech company. What is Haverting likely to do with any profits it generates?

Question

Quizplus · Accepted Answer

As a fast-growing biotech company, Haverting is likely to reinvest profits back into the company to finance growth, research and development, and to remain competitive in the industry. This is a common strategy for companies experiencing rapid growth and seeking to continue expanding their operations.