1. The real option approach to investment decision making
Real options The emergence of real options The term real options originally came from Stewart C. ... Timing option 2. Expansion option 3. Abandon option 4. ... He thinks that by "boiling down all the possibilities for the future into a single scenario, NPV doesn't account for the ability of executives to react to new circumstances-for instance, spend a little up front, see how things develop, then either cancel or go full speed ahead." ...
- Word Count: 3039
- Approx Pages: 12
- Has Bibliography
- Grade Level: High School