Final answer:
Management at Turner Industries is most likely to implement the option to expand due to the project's exceeding sales expectations. Expansion can include various actions such as increasing production, opening new facilities, and hiring additional staff, reflecting the company's response to high demand.
Step-by-step explanation:
Given that Turner Industries has seen sales from a new project exceeding expectations, management is most likely to implement an option to expand. This expansion could involve decisions to expand or reduce production, set the price they choose, open new factories or sales facilities or close them, hire workers or to lay them off, and start selling new products or stop selling existing ones. In accordance with economic principles, if a firm's output is successful, it typically makes sense to enlarge the production scope to further capitalize on the positive trend as demand appears to be high.
It's important to note that while expansion often involves upscaling various aspects of the business, such as production capacity and market reach, it should be a calculated decision. The management needs to factor in long-term sustainability and the potential for continued demand before investing significantly in expanding production or infrastructure.