Question

93. Organisations can adopt to environmental fluctuations by
A. Forecasting
C. Diversifying
B. Monitoring competitors
D. Only operating in the domestic market

tells me the right answer please​

Answer 1

Answer:

Organisations can adapt to environmental fluctuations by (C) diversifying.

Explanation:

Diversification is the process of allocating capital in a particular way so as to reduce the exposure to one particular risk or asset.

The most common way towards diversification is by reducing the risk associated due to external changes by investing in different assets.

Answer 2

Organisations can adapt to environmental fluctuations by forecasting.

Option: A

Explanation:

• Forecasting is an important tool or method used by the pharmaceutical companies to know and anticipate the demand for the medicines for the future and accordingly make adjustments in their production levels to meet the demand of the future.  

• It could be a trend that is projected due to changes in the environment that are based on past experience.  

• Forecasting helps in bringing changes in the performance of a firm, ‘disrupt its plans’, or change in its strategies due to environmental fluctuations.

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