Which One of the Following Statements About Capacity Expansion Is

Multiple Choice

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.