The long-term health of a firm depends solely on having products that generate cash and provide acceptable reported profits.

Question

Quizplus · Accepted Answer

The long-term health of a firm also depends on factors such as strong leadership, effective strategy, innovation, customer satisfaction, quality of products or services, employee engagement and development, financial management, and sustainability practices, among others. Simply having products that generate cash and reported profits is not enough to ensure long-term success.

The Long-Term Health of a Firm Depends Solely on Having