Businesses can adopt several strategies to manage market uncertainty:
1. Diversification: Spreading investments across different markets or sectors to reduce risk. 2. Agility: Being flexible and adaptive to quickly respond to changes in the market. 3. Scenario Planning: Developing various contingency plans for different potential outcomes. 4. Strong Financial Management: Maintaining healthy cash reserves and managing debt effectively. 5. Stakeholder Communication: Keeping open lines of communication with investors, employees, and customers.