Question

High performing companies adjust strategies for changing customer needs before rivals. downgrade capabilities as competitive advantages move into the decline stage. hire people to drive new growth once the growth is identified. All of the above are completed by high performing firms.

Answer 1

Answer:Adjust strategies for changing customer needs before rivals.

Explanation: HIGH PERFORMING COMPANIES ARE COMPANIES WHO EFFECTIVELY AND EFFICIENTLY UTILIZE THEIR RESOURCES IN ORDER TO REDUCE COST, WASTAGES and TIME LOST DURING THE PRODUCTION AND SUPPLY CHAIN PROCESSES ETC.

For a company to perform at a high level or standard,the company must effectively implement strategies that can adjust the company to perform at a level which will outperform it's rivals in meeting the needs of the customers before the rivals.