You have started a new debt consulting firm aimed at helping South African consumers manage and consolidate their debt. Given the volatile economic environment in South Africa post‐ pandemic, you will need to manage within a highly uncertain environment. There are several competitors in the industry, so you intend to follow a differentiation business strategy based on innovation based on AI‐based client solutions. Q.3.1 Prioritise knowledge sub‐processes based on your business’s contingency characteristics.
You have started a new debt consulting firm aimed at helping South African consumers manage and consolidate their debt. Given the volatile economic environment in South Africa post‐ pandemic, you will need to manage within a highly uncertain environment. There are several competitors in the industry, so you intend to follow a differentiation business strategy based on innovation based on AI‐based client solutions. Q.3.1 Prioritise knowledge sub‐processes based on your business’s contingency characteristics.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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You have started a new debt consulting firm aimed at helping South African consumers manage
and consolidate their debt. Given the volatile economic environment in South Africa post‐
pandemic, you will need to manage within a highly uncertain environment. There are several
competitors in the industry, so you intend to follow a differentiation business strategy based on
innovation based on
Q.3.1 Prioritise knowledge sub‐processes based on your business’s contingency
characteristics.
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