Companies with insular,inwardly focused cultures usually
A) tend to possess arrogant overconfident mind-sets,thereby tending to underestimate the competencies and accomplishments of rival companies and overestimate their own progress.
B) tend to concentrate on benchmarking to find out the best methods of doing things.
C) tend to concentrate greed and ego gratification.
D) tend to discount and doubt their own performance statistics.
E) All of these choices are correct.

Question

Quizplus · Accepted Answer

The text states that the big risk of an arrogant,must-be-invented-here mind-set and insular cultural thinking is that the company can underestimate the competencies and accomplishments of rival companies and overestimate its own progress-with a resulting loss of competitive advantage over time.

Companies with Insular,inwardly Focused Cultures Usually