Hyper-competition pressures force companies to:

Question

Quizplus · Accepted Answer

Hyper-competition pressures imply intense competition where companies need to continuously innovate and improve to stay relevant. To survive and succeed, companies need to deliver their goods and services faster, more customized, and more flexibly than their competitors. This ensures that they can meet the ever-changing needs of customers and remain competitive. Choices B and C are incorrect as these factors are not directly related to hyper-competition. Choice D may be correct to some extent as companies may need to make organizational changes to cope with hyper-competition pressures, but it is not the best answer.

Hyper-Competition Pressures Force Companies To