Without _____, no company can survive over the longer term according to informed opinion.
A) cost-cutting
B) outsourcing
C) command-and-control approach
D) total quality teamwork
E) innovation

Question

Quizplus · Accepted Answer

Innovation is crucial for companies to stay competitive and adapt to changing market conditions. Without innovation, companies may become stagnant and eventually fail as competitors unveil new products or services. Cost-cutting and outsourcing may provide short-term benefits, but they do not ensure longevity if the company cannot innovate. The command-and-control approach may stifle innovative thinking among employees, and total quality teamwork alone may not be enough to sustain a company over the long term.

Without _____, No Company Can Survive Over the Longer Term