Much behavior in firms is _______ based.

Question

Quizplus · Accepted Answer

Many firms operate with a competitive mindset, aiming to outperform their rivals and gain a larger market share or higher profits. This can manifest in various ways such as price wars, aggressive marketing tactics, and innovation to stay ahead of the competition. While other factors such as organizational culture and individual behavior may also play a role, the competitive nature of many industries often dominates the overall behavior in firms.

Much Behavior in Firms Is _______ Based