In Order to Cope with Hypercompetition, Firms Need to Develop

question 44

Multiple Choice

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

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Definitions:

Cognitive-Behavioral Therapies

A group of psychotherapies that treat problems by modifying dysfunctional emotions, behaviors, and thoughts.

Criticisms

Evaluations or judgments of someone or something as lacking or failing in some respect.

Symptom

Any indication or sign of a condition, disorder, or disease, observed by a person or their healthcare provider.

Illogical Cognitions

Thoughts or beliefs that lack a rational basis or coherent reasoning, often leading to flawed conclusions or decisions.