Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
To hedge future uncertainty, five sets of actions organizations can be taken. one of which exist delay until further clarity emerges.
What is five sets of actions organization?
In his book "The Future of Technology Management and the Business," American Professor Alfred A. Marcus (born in 1950) explains that hedging could be a tactic to shield businesses from the quickly changing environment they encounter as a result of the constant introduction of technology to the market. Marcus lists the following five hedging techniques that companies could use:
- Gamble on the most probable: work on the product with the highest success rate.
- Take the robust route: invest in as numerous products as possible.
- Delay until further clarity emerges: waiting for a proper moment to respond in front of market changes.
- Commit with a fallback: adapt according to the market.
- Try to shape the future: innovate.
To learn more about Alfred A. Marcus refer to:
https://brainly.com/question/20308300
#SPJ4
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.