Multiple Choice
Which of the following statements is false?
A) Firms that are too cautious are unlikely to be forced out of an industry.
B) Trying to maximise any objective is a risky strategy.
C) In order to survive, firms should balance caution against keeping up with competitors.
D) Firms may become cautious if they are too concerned with survival.
Correct Answer:
Verified
Correct Answer:
Verified
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