A company that wants to be successful needs to
A)know what it wants to accomplish.
B)know how to increase market share.
C)maintain a high gross profit rate.
D)involve upper level managers in daily operations

Question

Quizplus · Accepted Answer

While all of these options can contribute to a company's success, knowing what it wants to accomplish is the most fundamental aspect of any business. Without a clear direction and goals, a company may struggle to make decisions, allocate resources, and measure progress. Knowing how to increase market share and maintaining a high gross profit rate are important strategies, but they are secondary to having a clear vision and purpose. Involving upper level managers in daily operations can be beneficial, but it is not always necessary for success.

A Company That Wants to Be Successful Needs to