Which of the following is NOT a force for change?
A) Competitive advantage
B) Cost containment
C) Impatient capital markets
D) Transaction costs

Question

Quizplus · Accepted Answer

Transaction costs are not considered a force for change in business. Competitive advantage, cost containment, and impatient capital markets are all examples of forces for change that drive businesses to adapt and improve in order to stay competitive and successful. Transaction costs, on the other hand, refer to the costs associated with conducting a business transaction, such as paying fees or taxes, and do not necessarily drive change or innovation within the company.

Which of the Following Is NOT a Force for Change