Decision Making and Cost-Benefit Analysis at Lotus Cars

Requirements:

1. Use cost-benefit analysis techniques at Lotus Cars to evaluate investment decisions in new automotive technology.

Option	Costs ($)	Benefits ($)
Autonomous Driving Technology	50,000,000	70,000,000
Advanced Battery Technology	40,000,000	60,000,000

• Analyze the costs and benefits of adopting autonomous driving versus advanced battery technology for Lotus Cars' future models.
• Evaluate the technological advantages and market potential of each option for Lotus Cars.
• Recommend Lotus Cars' investment decision based on cost-benefit analysis and strategic alignment with future automotive trends.