No strategies are powerful enough to manage the technical,market,and competitive uncertainty and information asymmetry that new ventures face.

Question

Quizplus · Accepted Answer

While no strategies can completely eliminate uncertainty and information asymmetry, there are several strategies that have been shown to reduce the impact of these challenges and increase the likelihood of success for new ventures. These strategies include conducting thorough market research, building strong networks and partnerships, diversifying revenue streams, and maintaining a flexible approach to business decisions.

No Strategies Are Powerful Enough to Manage the Technical,market,and Competitive