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This response is used to increase the potential effect of an identified Opportunity

Business Jan 24, 2022

This response is used to increase the potential effect of an identified Opportunity.

   

Exploit

   

Share

   

Accept

   

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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