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Identify the type of specialized investment that each of the following situations require: 1. You need...

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Economics

Identify the type of specialized investment that each of thefollowing situations require: 1. You need to hire an employee tooperate a machine that only your company uses. 2. Your inputsupplier is far away from your facility. 3. You need your supplierto provide you with an input that they do not usually produce andthat only you can use in the production process

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ANSWER GIVEN THAT THE SPECIALLZED INVESTMENT THAT EACH OF THE FOLLOWING 1 EMPLOYEE TO OPERATE A MACHINE 1 In this given case the company should invest in specialized manpower in case they are hiring from outside of the company and in case the recruitment is from internal sources the    See Answer
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