Question
Mad Scientist, Inc. is considering investing into the nanotechnology business. After conducting a detailed due diligence process, the companys board decided that the current cost
Mad Scientist, Inc. is considering investing into the nanotechnology business. After conducting a detailed due diligence process, the companys board decided that the current cost of entry into the nanotechnology business is too high. The board also thinks that the commercialization of technological advancements will eventually drive costs down and the company should get into the nanotech business one or two years from now, when they can realize a higher NPV on their investment. Given the above, the board has chosen the option to: (Select 1)(3pts) Question 7 - Mad Scientist, Inc. is considering investing into the nanotechnology business. After conducting a detailed due diligence process, the companys board decided that the current cost of entry into the nanotechnology business is too high. The board also thinks that the commercialization of technological advancements will eventually drive costs down and the company should get into the nanotech business one or two years from now, when they can realize a higher NPV on their investment. Given the above, the board has chosen the option to:
A. Expand
B. Abandon
C. Delay
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