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Nesa Posted 13 years ago
Vocabulary
relax at peril
Hi,
Could you please tell me the meaning of the bold sentence?
In the 1950s the three biggest companies in the media and automotive markets in America were much smaller in absolute size than they are today. However, they had considerably more power since competition was more or less fixed and they controlled some 90% of their markets. Today, companies relax at their peril. Competition can come from anywhere.
Regards,
Nesa
Could you please tell me the meaning of the bold sentence?
In the 1950s the three biggest companies in the media and automotive markets in America were much smaller in absolute size than they are today. However, they had considerably more power since competition was more or less fixed and they controlled some 90% of their markets. Today, companies relax at their peril. Competition can come from anywhere.
Regards,
Nesa
Top answer
Nowadays, if companies to not continue to be aggressively competitive, they will fail.
- Nowadays, if companies to not continue to be aggressively competitive, they will fail.
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Nowadays, if companies to not continue to be aggressively competitive, they will fail.
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