Project 1: Company X has a sugar mill at Philadelphia and is replicating same at Toronto. Project 2: Company Y has a sugar mill at Philadelphia and is increasing capacity from 100000 MT to 140000 MT per annum. What type of projects are Project 1 and Project 2?
A) Project 1: Diversification; Project 2: Forward Integration
B) Project 1: Expansion; Project 2: Forward Integration
C) Project 1: Diversification; Project 2: Expansion
D) Project 1: Expansion; Project 2: Expansion
Correct Answer:
Verified
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