High performing companies
A)adjust strategies for changing customer needs before rivals.
B)downgrade capabilities as competitive advantages move into the decline stage.
C)hire people to drive new growth once the growth is identified.
D)All of the above are completed by high performing firms.

Question

Quizplus · Accepted Answer

High performing companies are able to adjust their strategies and offerings to meet changing customer needs before their rivals, giving them a competitive advantage. This requires agility and the ability to quickly adapt to changes in the market. Downgrading capabilities and hiring people for growth are not necessarily actions taken by all high performing companies, and are dependent on the specific circumstances of each organization.

High Performing Companies