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 these are completed by high-performing firms.

Question

Quizplus · Accepted Answer

High-performing companies are proactive in their strategic planning and are able to adjust their strategies in response to changing customer needs before their competitors. This allows them to stay ahead of the curve and maintain a competitive advantage. Downgrading capabilities and hiring people for growth are not necessarily traits of high-performing companies, as these actions may indicate a reactive approach to the market rather than a proactive one.

High-Performing Companies