Exit options give firms the option to walk away from a project in response to new information.

Name: Exit options give firms the option to walk away from a project in response to new information.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

Exit options are designed to provide firms with an out in case new information emerges that makes it impractical to continue with a project. This may include changes in market conditions, government regulations, or technological advancements that affect the project's viability.

Exit Options Give Firms the Option to Walk Away from a Project