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ehidna [41]
3 years ago
8

To hedge future uncertainty, five sets of actions organizations can be taken. One of which is: Select one: a. collaborate b. inc

rease rise c. delay until further clarity emerges d. reduce risk
Business
1 answer:
saveliy_v [14]3 years ago
8 0

Answer:

The correct answer is letter "C": delay until further clarity emerges.

Explanation:

American Professor Alfred A. Marcus (born in 1950) in his book "<em>The Future of Technology Management and the Business</em>" (2015) explains hedging could be a strategy to protect companies in front of the rapidly changing environment they face because of the constant introduction to technology in the market. According to Marcus, there are five (5) hedging strategies firms could implement:

  1. Gamble on the most probable: <em>work on the product with the highest success rate. </em>
  2. Take the robust route: <em>invest in as many products as possible. </em>
  3. Delay until further clarity emerges: <em>waiting for a proper moment to react in front of market changes. </em>
  4. Commit with a fallback: <em>adapt according to the market. </em>
  5. Try to shape the future: <em>innovate.</em>
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