Question

Why are businesses, even highly successful ones, faced with constant uncertainty about the future?

Why are businesses, even highly successful ones, faced with constant uncertainty about the future?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

One of the main reasons why businesses face constant uncertainty even they are highly successful is nothing but the increase in the global competition everyone in the world can come up new technology with which the consumer preferences shift in a dynamic pace and if the businesses fail to catch the pace of the increasing expectations of the consumer, then they lose market share to the competitor and consider the case of Nokia which was once a market leader in its segment and because it couldn't reach the consumer expectations and change itself, it failed and eventually got out of the market all in all.

Add a comment
Know the answer?
Add Answer to:
Why are businesses, even highly successful ones, faced with constant uncertainty about the future?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT