The relationship between commitment and strategic options may be beast described as:
A)Commitments increase the value of real options
B)By committing to a set of options,a firm can reconcile two sources of value: value from deterring competitors and value from real options
C)Making commitments inevitably involve giving up options
D)The two reside in different realms of analysis: commitments can be analyzed using game theory; real options can be analyzed using financial theory

Question

Quizplus · Accepted Answer

Commitments often involve making irreversible decisions, which can limit or eliminate other strategic options.

The Relationship Between Commitment and Strategic Options May Be Beast