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Risk analysis: Volatility, Uncertainty, Complexity and Ambiguity (VUCA) method
VUCA stands for Volatility, Uncertainty, Complexity, Ambiguity. Watch this video to find out where this notion and acronym came from.
Watch the video and then summarise what you have learned.
The notion of VUCA was introduced by the US Army War College to describe the more volatile, uncertain, complex, and ambiguous multilateral world, which resulted from the end of the Cold War. The acronym itself was not created until the late 1990s.
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