Commitment Involves

question 42

Multiple Choice

Commitment involves:

• A)Increased risk and better solutions for building successful strategies
• B)Increased risk and measurement of rivals' determination before a competitive attack
• C)Hard commitment for first movers or soft commitment for fast second movers
• D)Increased risk and removal of some possible strategic options

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Definitions:

Resource

Any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit from it, often considered in the context of natural resources or economic assets.

Exotic Species

Non-native species introduced to a new environment where they do not naturally occur, potentially causing ecological disruption.

Pioneer Species

Species that can colonize a new habitat.

Keystone Species

A species that has a disproportionately large effect on community structure relative to its abundance.