Which one of the following statements about capacity expansion is best?
A) The follow- the- leader strategy can help a firm gain a competitive advantage.
B) The expansionist strategy minimizes risk.
C) The wait- and- see strategy involves small jumps in capacity compared to the expansionist strategy.
D) The expansionist strategy involves frequent jumps in capacity compared to the wait- and- see strategy.

Question

Quizplus · Accepted Answer

The wait-and-see strategy typically involves smaller, more incremental increases in capacity compared to the expansionist strategy, which tends to involve larger, less frequent jumps.

Which One of the Following Statements About Capacity Expansion Is