Companies that compete on _________________ establish a corporate culture that encourages risk.
A)Innovation
B)Quality
C)Flexibility
D)Cost

Question

Quizplus · Accepted Answer

Companies that compete on innovation are constantly seeking new ideas and ways to improve their products or services. This requires taking risks and trying out new approaches. Therefore, a corporate culture that encourages risk-taking is essential for companies that want to remain competitive in the innovation space. Companies that compete on quality, flexibility, or cost may also value risk-taking to some extent, but it is not as critical as it is for companies that compete on innovation.

Companies That Compete on _________________ Establish a Corporate Culture That