Firms that are successful at __________ must adjust to the ever-changing competitive world as they develop internal capabilities to match their intentions and shape their competitive landscape.
A)co-evolution
B)retrenchment
C)mutual relationship management
D)labor management cooperation
E)inside outside management

Question

Quizplus · Accepted Answer

Co-evolution refers to the process by which two or more systems influence each other's development over time. Firms that are successful at co-evolution are able to adapt and adjust to the ever-changing competitive world by developing internal capabilities that match their intentions and shape their competitive landscape. This allows them to stay ahead of the competition and thrive in the marketplace.

Firms That Are Successful at __________ Must Adjust to the Ever-Changing