The long-run performance of a firm is dependent upon the ability to generate and exploit numerous new entries.

Question

Quizplus · Accepted Answer

The ability to generate and exploit numerous new entries is a key factor in the long-run performance of a firm. It allows the firm to stay competitive, adapt to changing market conditions, and maintain its position in the industry. Without this ability, the firm may become stagnant and eventually decline.

The Long-Run Performance of a Firm Is Dependent Upon the Ability