"Innovate or evaporate; particularly in technology- driven businesses,nothing quite recedes like success" is a characteristic of the most competitive companies.

Question

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This statement is true. The most competitive companies understand that in order to maintain their position, they must continue to innovate and stay ahead of the game, otherwise they risk becoming irrelevant and losing their success. This is especially true in technology-driven businesses where the pace of innovation is rapid and constant.

"Innovate or Evaporate; Particularly in Technology- Driven Businesses,nothing Quite Recedes