Successful firms _____.
A) attempt to avoid all pitfalls.
B) embrace change and evaluate risks.
C) focus on generating shortterm profits.
D) avoid new opportunities if what they are currently making profits.

Question

Successful firms _____.
A) attempt to avoid all pitfalls.
B) embrace change and evaluate risks.
C) focus on generating short­term profits.
D) avoid new opportunities if what they are currently making profits.

Quizplus · Accepted Answer

Successful firms understand the importance of embracing change, evaluating risks, and pursuing new opportunities. Firms that solely focus on short-term profits may miss out on potential long-term growth and success. Avoiding all pitfalls is nearly impossible, but successful firms learn from their failures and adjust their strategies accordingly.

Successful Firms _____