A long-run challenge for a business is maintaining a competitive position.

Name: A long-run challenge for a business is maintaining a competitive position.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Maintaining a competitive position is a long-term challenge for businesses as competitors are always looking for ways to enter the market and gain market share. Businesses need to consistently innovate, improve their products/services, and adapt to changing customer preferences to stay ahead of their competitors.

A Long-Run Challenge for a Business Is Maintaining a Competitive