A firm might categorize its projects into
I.cost improvements;
II.expansion projects (existing business);
III.new products;
IV.speculative ventures
A)III only
B)I, II, and III only.
C)II and IV only
D)I, II, III, and IV

Question

Quizplus · Accepted Answer

Firms often categorize their projects into various types to better manage and allocate resources. These categories can include cost improvements (aimed at reducing expenses), expansion projects (focused on growing the existing business), new products (development and launch of new offerings), and speculative ventures (projects with uncertain outcomes but potential high rewards). All these categories are common ways firms organize their project portfolios.

A Firm Might Categorize Its Projects into