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

Question

Quizplus · Accepted Answer

Commitment involves increased risk and removal of some possible strategic options. When a company commits to a particular strategy, it limits its ability to pursue alternative strategies. This can be seen as a disadvantage, as it reduces flexibility and may limit the company's ability to respond to changes in the market. However, commitment can also have benefits, such as providing clear direction and focus for the company, and making it more difficult for rivals to imitate or compete with the company's strategy.

Commitment Involves