One Key Business Rule emphasizes mastering the competitive environment

QUESTION

One Key Business Rule emphasizes mastering the competitive environment to stay ahead of rivals. Which of the following is NOT a core area of focus for business managers following this rule?

A) being responsive to customers
B) achieving innovation in products and services
C) striving for employee efficiency
D) remaining compliant with government regulations
E) continually improving products and services

ANSWER

Answer: D
Explanation: D) Remaining compliant with government regulations is a minimum necessity for doing business and is not sufficient for maintaining competitive advantage.