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Question 12 1.5 pts In an article titled Suitors are wooing Paramount (The Economist 15 February 2024), the following quote appears: "..The best hope of competing with the bigger streamers, like Netflix, may be to partner up. There are already signs that is happening. On February 6th Disney, Fox and WBD unveiled a plan to bring their most valuable sports content together onto a new streaming platform. Bigger tie-ups may still be to come....." In terms of identifying and managing risks, which of the following best describes this action: This is an example of managing strategic risks as the streaming industry participants seek to rationalise operations to manage strategic uncertainties and the threat of too many participants. This is an example of managing both strategic and operational risks as the streaming industry participants seek to rationalise operations to avoid the prospect of producing low-quality content O This is an example of managing operational risks as the streaming industry participants seek to rationalise operations to avoid the prospect of producing low-quality content. O This is an example of managing strategic risks as the streaming industry participants seek to rationalise operations to avoid the prospect of producing low-quality content