Multiple Choice
Which of the following statements about the competitive environment is most accurate?
A) Firms that produce a quality product will always succeed in the competitive marketplace.
B) Traditional firms will be unable to successfully compete against the new online firms unless they immediately create a way to reach customers through the Internet.
C) Firms that empower their employees will continue to perform poorly in the competitive environment.
D) Companies now have to offer both high-quality products and outstanding service at competitive prices.
Correct Answer:
Verified
Correct Answer:
Verified
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