Which of the following is an example of a growth option? a) Expansion of an exis

Question

Which of the following is an example of a growth option?

a) Expansion of an existing product line

b) Temporary suspension of operations

c) Wait to start a project until more information is available

d) Contraction of operations

e) Alteration of operations depending on conditions

a) Expansion of an existing product line

b) Temporary suspension of operations

c) Wait to start a project until more information is available

d) Contraction of operations

e) Alteration of operations depending on conditions

Explanation / Answer

Ans a) Expansion of an existing product line

Expansion of an existing product line means increasing the production and sales and thus leading to growth of the company.

All other options focus on matters other than the growth and are thus irrelevant.

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