SynCore,a Canadian oil and gas company and DYNA,a Canadian mining company have been experiencing growth while the Canadian car manufacturing industry has declined significantly.What current business challenge is this an example of?
A)demographics and employee concerns
B)technology and quality
C)culture and environment
D)evolution of firms and sector survival

Question

Quizplus · Accepted Answer

This is an example of the evolution of firms and sector survival as the two companies, SynCore and DYNA, are adapting to changes in the market and finding success while the car manufacturing industry in Canada is struggling. This highlights the importance of firms being able to evolve and adapt to changes in the market and industry in order to survive and thrive.

SynCore,a Canadian Oil and Gas Company and DYNA,a Canadian Mining