Which of the following is the mark of a well-managed company?
A)It can build a customer base quickly.
B)It can find ways to prosper even in economically challenging times.
C)It doesn't need to worry about customer loyalty.
D)It can find ways to prosper during economic boom times.

Question

Quizplus · Accepted Answer

A well-managed company is able to navigate challenging economic conditions and still find ways to prosper. Building a customer base quickly is a good sign, but it does not necessarily indicate good management in the long-term. Likewise, customer loyalty is important, but it cannot replace a well-planned business strategy. Finally, prospering only during economic booms may be a sign of short-term success, but a well-managed company should be prepared for the ups and downs of the business cycle.

Which of the Following Is the Mark of a Well-Managed