Knowledge application and discovery are most suitable for firms facing high levels of environment uncertainty.

Question

Quizplus · Accepted Answer

When a firm faces high levels of environment uncertainty, it becomes difficult to rely solely on past experiences or routine methods. In such a situation, knowledge application and discovery can help in identifying new and innovative ways for adapting to the changing environment and finding new opportunities. Therefore, it is most suitable for firms facing high levels of environment uncertainty.

Knowledge Application and Discovery Are Most Suitable for Firms Facing