As markets become more turbulent and unpredictable,seizing opportunities to establish competitive advantage depends primarily upon:
A)Good forecasting
B)Quick identification of emerging changes
C)Speed of response
D)Agility: quick identification of emerging changes and speed in responding to them

Question

Quizplus · Accepted Answer

The best answer is D, as it incorporates both the quick identification of emerging changes and the speed of response into one option. Good forecasting may be helpful, but in turbulent and unpredictable markets, it may not be reliable. Agility is essential for companies to adapt and stay competitive.

As Markets Become More Turbulent and Unpredictable,seizing Opportunities to Establish