BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consistently monitoring similar businesses is an appropriate action to remain competitive. True or False?
A
True
B
False
Explanation: 

Detailed explanation-1: -Because, you are constantly monitoring your competitors, you can benefit from assessing their investments or strategies which failed and resulted in a loss. By determining where your competitors went wrong, you can ensure to avoid those mistakes to minimize losses.

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