In the new competitive landscape,firms will attain competitive success by:

Question

Quizplus · Accepted Answer

Meeting or exceeding global standards is key in the new competitive landscape as firms must be able to compete on a global scale to achieve success. Continuing current strategies may not be sufficient in the face of changing market conditions and new competitors. Avoiding challenges and not adapting to change can lead to obsolescence. Committing more resources to international products may be a tactic, but it alone is not sufficient for achieving sustainable competitive success.

In the New Competitive Landscape,firms Will Attain Competitive Success By