Start learning →

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.
Practise this question with Quill — AP Intermediate 2nd Year →

Keep practising Principles & Functions of Management

Browse all Principles & Functions of Management questions for AP Intermediate 2nd Year, or explore more Business Studies topics.

Start a Principles & Functions of Management lesson →