A firm with weak knowledge and learning resources is at risk that its financial resources will also become weak.

Question

Quizplus · Accepted Answer

A firm's knowledge and learning resources play a crucial role in its ability to maintain and improve its financial resources. Without a strong knowledge base and learning resources, a firm may struggle to adapt to changes in the market, innovate and improve its products and services, and effectively manage its financial resources. This can put the firm at risk of financial weakness and potential failure.

A Firm with Weak Knowledge and Learning Resources Is at Risk