Question: How does a hypercompetitive environment challenge those in an industry? Firms have to commit to digital leadeHow can a global supply chain increase a firm

How does a hypercompetitive environment challenge those in an industry?
Firms have to commit to digital leadeHow can a global supply chain increase a firms competitive advantage in an industry?
by eliminating the liability of foreignness
by providing the best and most inexpensive supplies
by improving the competitive output of workers
by reducing the number of shocks to the supply chainrship.
Managers have to adopt a mindset that values flexibility.
Firms have to aggressively strengthen market position through performance.
Managers have to develop multiple strategies to compete.

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