Firm decides to invest in a new technology

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1. A firm has bids from three different janitorial company, including the current contractor, to service its hotel chain. These options are BEST described as _________projects.

A. replacement

B. independent

C. expansion

D. mutually exculsive

2. A firm decides to invest in a new technology, even though they will lose money on it for a few years. In the foreseeable future, however, gains they can make now is optimizing the technology will pay off as customer demand increases. This cas is an example of a ______ project.

A abandoned

B. delayed

C. expansion

D. scaled back.

Reference no: EM131343876

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