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:

Year-End Assets

The value of all assets held by an entity at the conclusion of a financial year.

Liabilities

Financial obligations or debts owed by a person or business to others, which must be settled over time through the transfer of economic benefits.

Hybrid Mutual Funds

Investment funds that combine stocks and bonds to provide a mix of growth, income, and risk management.

Total Assets

The sum of all assets owned by an entity, including cash, investments, property, and other tangible and intangible assets, reflecting the company's overall value.