Question

the option to develop follow-on projects, expand markets, expand or retool plants, and so on that would not be possible without implementation of the project that is being evaluated is called . question 8 options: timing option growth option abandonment option flexibility option

Answer 1

A flexibility option refers to the ability to develop follow-on projects, expand markets, expand or retool plants, and more that would not be possible without implementing the current project being evaluated.

Step-by-step explanation:

The option to develop follow-on projects, expand markets, expand or retool plants, and so on that would not be possible without implementation of the project that is being evaluated is called a flexibility option.