_____ refers to the ability of a company to survive and succeed in a dynamic competitive environment.

Question

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Sustainability refers to the ability of a company to survive and succeed in a dynamic competitive environment over the long-term by balancing economic, social, and environmental factors. It involves being able to adapt to changing market conditions, technological advancements, and consumer demands while also addressing the impact of the business on people and the planet. Outsourcing, empowerment, and resource management are important aspects of business, but they do not fully capture the concept of sustainability.

_____ Refers to the Ability of a Company to Survive