Practice free →
HomeUP Board Class 12businessstudiesBusiness Environment › A firm that fails to adapt to a changing busines…

A firm that fails to adapt to a changing business environment is most likely to:

Abecome a monopoly
Bautomatically increase profits
Close competitiveness and market share
Dstop all change forever
Answer & Solution
Correct answer: C. lose competitiveness and market share
Failure to adapt erodes competitiveness and market share.
Solve this in the app — UP Board Class 12 practice & 24k+ MCQs →
Related questions