Imagine that the town to which your office caters sees a sudden spurt in popularity.There has been a lot of construction activity in the area and a number of properties are being developed.The number of customers has increased, and so have your competitors.In this situation, what should you do to reduce environmental uncertainty?
A) Restructure your organizational hierarchy to improve efficiency
B) Acquire or merge with one or more of your competitors
C) Maintain the status quo by keeping your business processes constant
D) Communicate the situation clearly to all your stakeholders

Question

Quizplus · Accepted Answer

Acquiring or merging with competitors can reduce environmental uncertainty by increasing market share and control over the market environment.

Imagine That the Town to Which Your Office Caters Sees