Firms That Were Successful in the Past Can Fail Today

question 125

Multiple Choice

Firms that were successful in the past can fail today because

• A)they keep pace with changes in the nature of competition.
• B)their financial situation is resilient.
• C)the company strategy is outdated.
• D)management monitors the relevant environmental factors regularly.

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Definitions:

Physically Attractive

The possession of physical features that are aesthetically pleasing or beautiful to the majority of observers.

Impulses

Sudden, involuntary urges to act or respond to a stimulus without conscious thought.

Happiness Set Point

A theory that suggests an individual's level of baseline happiness is largely determined by genetics and is relatively stable over time.

Level Of Happiness

Level of happiness refers to the degree or measure of an individual’s overall satisfaction with life and their general emotional state at a given time.