If One Does Not Anticipate Change and Adapt to It

question 36

True/False

If one does not anticipate change and adapt to it, one's firm will not thrive in a competitive business world.

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Definitions:

Specific Order

A unique customer request for products or services tailor-made to their specifications.

Successful Organisations

Entities that achieve their goals effectively and efficiently, often demonstrating adaptability, resilience, and high performance.

Evaluating Performance

The process of reviewing and assessing the work activities, outcomes, or capabilities of an individual, group, or entity against predetermined standards or objectives.

Forecasting Sales

The process of estimating future sales performances based on historical data and market analysis.