Defensive strategies can be difficult to quantify because opportunity costs are difficult to predict.

Question

Quizplus · Accepted Answer

Defensive strategies are designed to protect against potential threats, such as economic downturns or changes in the competitive landscape. However, determining the effectiveness of such strategies can be difficult because it may be unclear what would have happened had the strategy not been implemented. Additionally, there may be other costs, such as missed growth opportunities, associated with defensive strategies that are difficult to quantify. Therefore, the statement that opportunity costs are difficult to predict is true.

Defensive Strategies Can Be Difficult to Quantify Because Opportunity Costs