A company really needs and benefits from competitors.

Name: A company really needs and benefits from competitors.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

Competitors help to drive innovation and improve performance in the market. They also provide a benchmark for companies to compare themselves to and motivate them to constantly improve their products and services. Without competitors, companies may become complacent and fail to grow or adapt to changes in the market.

A Company Really Needs and Benefits from Competitors