The Relationship Between Commitment and Strategic Options May Be Beast

Multiple Choice

The relationship between commitment and strategic options may be beast described as:

A) Commitments increase the value of real options
B) By committing to a set of options,a firm can reconcile two sources of value: value from deterring competitors and value from real options
C) Making commitments inevitably involve giving up options
D) The two reside in different realms of analysis: commitments can be analyzed using game theory; real options can be analyzed using financial theory