Today, uncertainty abounds in business as in our daily lives. There are a number of challenges such as adverse economic developments, technological disruptions, and climate risks. To confront such a volatile environment, entrepreneurs develop strategies by taking one version of the future. It may be beneficial to consider multiple odds with probability of occurrence before developing strategies. Adopting such a strategic approach is found to be effective. While the adopted strategies may face roadblocks, one can quickly shift to the next strategies with ease and preparedness. Sounds good!
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