To survive and succeed in today's intensely competitive business world,companies should strive to achieve
A)the continuation of past successes.
B)a limited executive board.
C)a monopoly situation.
D)a regular stream of moderate profits.
E)world-class excellence.

Question

Quizplus · Accepted Answer

Achieving world-class excellence is the best choice among the given options as it promotes continuous improvement and innovation, which are crucial for staying competitive in the business world. Continuation of past success may lead to complacency, while a limited executive board or a monopoly situation may not be ethical or sustainable. A regular stream of moderate profits may not be enough to survive and succeed in an intensely competitive market.

To Survive and Succeed in Today's Intensely Competitive Business World,companies