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Brut [27]
3 years ago
11

True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.

Business
1 answer:
Naddika [18.5K]3 years ago
3 0

It is <u>false</u> that the key to success for companies in a capitalist economy is to remain inflexible during times of change.

This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.

Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.

For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.

Hence, in this case, it is concluded that the correct answer is <u>False</u>.

Learn more here: brainly.com/question/25296961

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