Factors critical to success in the new business environment are the ability to embrace change, creativity and innovation capabilities, and being a world-class organization.

Question

Quizplus · Accepted Answer

Embracing change allows businesses to adapt to evolving markets, customer preferences, and technological advancements. Creativity and innovation capabilities enable businesses to develop novel solutions and differentiate themselves from competitors. Becoming a world-class organization involves the pursuit of excellence in all areas of the enterprise, including operational efficiency, customer service, and employee development. These factors are essential for success in the new business environment.

Factors Critical to Success in the New Business Environment Are