2. State which type of lending rationale should be used by the bank in each of the following cases:

a) A company that is planning to buy a new production machine to help increase the companys production efficiency.

b) A company that sells school bags needs finance in order to produce the needed quantity before the start of the upcoming school year.

c) A company that produces dairy products needs financing for its daily operations.

d) A company that is planning to go for vertical integration, i.e. to become its own supplier.