Question

When a large-scale farming operation phases out the use of some product in favor of a healthier alternative, the firm is said to be adaptable.

True or False.

Answer 1

The correct answer is True.

Step-by-step explanation:

To survive, companies must execute their activity in the present but also be able to adapt to future challenges. However, the facts tell us that very few do both well, especially the second. Every source of competitive advantage has an expiration date, and few companies have the ability to identify and exploit new sources when the originals begin to run out. Most often, when setting priorities, the short-term pressure makes current needs prevail over any future considerations and decisions are made that, although favoring execution today, are compromising the organization's adaptability in the medium term.