Knowee
Questions
Features
Study Tools

The common traits of companies successful in adapting to change include which of the following?Multiple select question.having had a close call with going out of businesslistening to customersmaintaining the status quohaving inspirational managers

Question

The common traits of companies successful in adapting to change include which of the following?Multiple select question.having had a close call with going out of businesslistening to customersmaintaining the status quohaving inspirational managers

🧐 Not the exact question you are looking for?Go ask a question

Solution

The common traits of companies successful in adapting to change include:

  1. Listening to customers: Successful companies are those that value their customers' opinions and feedback. They understand that their customers' needs and preferences can change over time, and they are willing to adapt their products or services to meet these changes.

  2. Having inspirational managers: Inspirational managers can motivate their employees to embrace change and to work towards the company's goals. They are able to create a positive work environment where employees feel valued and appreciated.

The options "having had a close call with going out of business" and "maintaining the status quo" are not typically associated with companies that are successful in adapting to change. Companies that have almost gone out of business may have difficulty adapting to change due to financial constraints or a lack of resources. Similarly, companies that maintain the status quo may be resistant to change, which can hinder their ability to adapt to new market conditions or customer needs.

This problem has been solved

Similar Questions

What is a common trait of companies that are successful in adapting to change?Multiple choice question.They tend to have authoritative managers.They copy successful competitors.They listen to their customers.They favor the status quo over innovation.

Multiple Select QuestionSelect all that applyWhat are three primary reasons that small businesses fail?Multiple select question.Managerial inexperienceUndercapitalizationConducting market researchInability to cope with growthHaving a competitive niche

Select all that applyWhat are two goals of restructuring?Multiple select question.to minimize the need for changeto serve customers more effectivelyto serve customers more efficientlyto reduce competition

Multiple Select QuestionSelect all that applyWhat are three concerns of small business owners that can contribute toward high stress levels?Multiple select question.Concerns about being too independentHaving too much flexibilityWorries about competitionChanging market demandEmployee problems

Which of the following is a typical example of employees resisting change in an organization? Select all that apply.Multiple answers:Multiple answers are accepted for this questionSelected answers will be automatically saved. For keyboard navigation...SHOW MOREaEmployees asking for clarification about the change processbTeam members struggling to adapt to the new changescEmployees dismissing management recommendations for behaviour changesdEmployees experiencing anxiety and uncertainty about the changes

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.