According to the textbook, the businesses that have the potential to grow the fastest over a sustained period of time are ones that ________.
A) solve a significant problem or have a major impact on their customers' productivity or lives
B) are cost leaders and promote themselves aggressively
C) have a major impact on their customers' lives and sell high quality products
D) take advantage of environmental trends and are cost leaders
E) solve a significant problem or sell high quality products

Question

Quizplus · Accepted Answer

Businesses that solve significant problems or have a major impact on their customers' productivity or lives have a strong value proposition and can sustain growth over a longer period of time. This is because they are meeting a real need in the market and providing value to their customers. Cost leadership and aggressive promotion may lead to short-term growth, but it is not sustainable in the long run without a strong value proposition. Similarly, environmental trends may be a useful factor to consider, but it is not the sole determinant of sustained growth. Selling high-quality products is also important, but it needs to align with solving a significant problem or having a major impact on customers' lives in order to drive sustained growth.

According to the Textbook, the Businesses That Have the Potential