Survival of a company may depend on the abilities of its managers to make fundamental changes.

Question

Quizplus · Accepted Answer

Companies must constantly adapt to changes in the market and industry in order to stay relevant and competitive. Managers who are able to evaluate their company's strengths and weaknesses, identify areas for improvement, and implement necessary changes are crucial for a company's survival. Without strategic and effective leadership, a company may struggle to keep up with competitors and face declining profits or even failure.

Survival of a Company May Depend on the Abilities of Its