In order to cope with hypercompetition,firms need to develop ____ through continuous learning.
A) Competitive resilience
B) Strategic flexibility
C) Strategic power
D) Competitive dominance

Question

Quizplus · Accepted Answer

Strategic flexibility is crucial for firms to adapt and thrive in hypercompetitive environments, as it involves continuous learning and the ability to swiftly respond to changes and challenges.

In Order to Cope with Hypercompetition,firms Need to Develop ____