Start learning →

Turbulent markets, weaker brand loyalty and intense global competition mean firms must be able to:

AStop all their research
BCope with rapid change
CIgnore the whole market
DFreeze their old plans
Answer & Solution
Correct answer: B. Cope with rapid change
1. The pace of change matters more than change itself. 2. Managers must examine the environment. 3. So firms must cope with rapid change. _Source: syllabus Business Studies Part I, Chapter 3, Business Environment._
Practise this question with Quill — AP Intermediate 2nd Year →

Keep practising Business Environment

Browse all Business Environment questions for AP Intermediate 2nd Year, or explore more Business Studies topics.

Start a Business Environment lesson →
Related questions
Sort feature, benefit and dimensionOpportunity or threatSlice the environment wordsRun the environment dimensionsPop the environment featuresCatch the specific forcesDharamveer Kamboj obtained funding of how much for his processing machine project?Low long-term interest rates help construction and automobile firms because they raise: