What are some examples of resilient companies?
Some examples of resilient companies include Apple, Amazon, and Netflix. They have adapted to market changes effectively.
What strategies do these companies use to stay resilient?
They focus on innovation, customer feedback, and diversifying their products and services to meet changing demands.
Can you give me a specific example of how one of these companies adapted?
Sure! Netflix transitioned from DVD rentals to streaming services, which allowed them to stay ahead in the entertainment industry.
What challenges did these companies face during their transitions?
They faced competition, changing consumer preferences, and technological advancements, but they managed to pivot successfully.
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