Question: Which statement about the competitive environment is most accurate? Multiple Choice Firms that produce a quality product will always succeed in the competitive marketplace. Traditional

Which statement about the competitive environment is most accurate?

Multiple Choice

Firms that produce a quality product will always succeed in the competitive marketplace.

Traditional firms will be unable to successfully compete against the new online firms unless they immediately create a way to reach customers through the Internet.

Firms that empower their employees will continue to perform poorly in the competitive environment.

Companies now have to offer both high

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quality products and outstanding service at competitive prices.

Which statement about the competitive environment is most accurate? Multiple Choice

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