Which of the following is not a way that companies can avoid failure?
A) Benchmarking
B) Continuous learning
C) Developing distinctive competencies
D) Exploiting luck
E) Following rigid business processes

Question

Quizplus · Accepted Answer

Following rigid business processes can limit a company's ability to adapt to changing circumstances and may inhibit creativity and innovation. Therefore, it is not a way to avoid failure. The other choices (benchmarking, continuous learning, developing distinctive competencies, and exploiting luck) are all strategies that companies can use to increase their chances of success and avoid failure.

Which of the Following Is Not a Way That Companies