A firm investing to create one product because that investment could lead to the development of other products in the future is an example of the option to ________.
A)defer
B)grow
C)contract
D)expand

Question

Quizplus · Accepted Answer

Investing to create one product with the potential for future development of other products is an example of the option to expand. By investing in developing one product, the firm may gain valuable knowledge and expertise that can be leveraged to create additional products in the future. This option to expand can create long-term growth opportunities for the firm.

A Firm Investing to Create One Product Because That Investment