General Studies · Strategic Management
The best way for a firm to survive in a highly competitive environment is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Making huge investment in state-of-the-art technology
- 2Improving the quality of the product without caring for the costs involved
- 3Focusing on customer needs along with lowering the cost✓
- 4Hiring highly competitive human resources
Correct answer
Focusing on customer needs along with lowering the cost
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