Real Options as a Srategic Management Framework: A C Study of the Operationally Responsive Space Initiative
Robert H. Mitchell
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Real Options as a Srategic Management Framework: A C Study of the Operationally Responsive Space Initiative

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The purpose of this research was to examine the potential for applying the concept of real options to the DoD acquisition system. The key premise of real options is the application of strategic decision making and flexibility in the face of future uncertainties. This thesis sought to answer three research questions, how could real options be applied to the acquisition system, how could the acquisition system benefit, and what are the potential challenges to implementation within the acquisition system. These research questions were addressed through a comprehensive literature and a case study ...