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This response is used to increase the potential effect of an identified Opportunity
This response is used to increase the potential effect of an identified Opportunity.
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Exploit |
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Share |
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Accept |
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Enhance |
Expert Solution
Answer:
When the opportunities are known, following four strategies are applied:
Accept: according to this strategy, the identified opportunity is accepted or acknowledged to study more
Share: According to this strategy, the identified opportunity is shared with other entity in collaboration since it is difficult to consider the opportunity alone.
Enhance: according to this strategy, the root cause is identified which will increase the likelihood potential benefits by opportunity occurring.
Exploit: Doing everything such that opportunity is realized.
ANS: Enhance
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