Which of the following statements about world-class firms is true?
A)World-class firms are firms that are poor in customer support.
B)World-class firms are often followers in the market.
C)World-class firms strive continually to improve product design,manufacture,and delivery.
D)World-class firms cannot compete with the best of the best in a global environment.

Question

Quizplus · Accepted Answer

World-class firms are known for their exceptional performance and excellence in various aspects of their operations, including design, manufacturing, and delivery. These firms continually strive to improve their processes and products to maintain their competitive edge in the global market. Customer support is an essential component of their operations, and they typically excel in this area as well. Therefore, option A is incorrect. Moreover, world-class firms are often seen as leaders rather than followers in the market, making option B incorrect. Finally, option D is also incorrect since world-class firms are recognized for their ability to compete with the best of the best in a global environment.

Which of the Following Statements About World-Class Firms Is True