Businesses that have become uncompetitive because of an inability to make necessary changes for continued success are even more common than businesses that fail.

Name: Businesses that have become uncompetitive because of an inability to make necessary changes for continued success are even more common than businesses that fail.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Many businesses struggle to adapt to changes in the market or customer preferences, leading to decreased competitiveness and potential failure.

Businesses That Have Become Uncompetitive Because of an Inability to Make