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Zarrin [17]
2 years ago
15

A rental car company bought a new fleet of midsize cars and sold off its old midsize cars because they had too many miles on the

m. Which type of project would this be considered?
Business
1 answer:
Sveta_85 [38]2 years ago
5 0

Answer:

The options are:

  • A replacement project
  • An expansion project

The correct answer would be:

A replacement project

Explanation:

In this specific case, the company is purchasing new assets in order to replace existing assets whose useful life is over. It is similar to buying a new computer system because the old one is obsolete and doesn't work anymore.

An expansion project would be to buy new cars in order to open new branches.

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<h3>What are Excise taxes?</h3>
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5 0
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The technological components basically used for representing the various types of technology in the market and it also helps in reduce the overall cost of the product operation and creating the new product market.

According to the given question, the above given scenario best illustrating the effect of the technological components in an organization by creating the various types of methods.

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