market adaptability

Can Market Adaptability Be Measured?

Yes, market adaptability can be measured through various metrics such as:
Market Share: An increase in market share indicates successful adaptation to market conditions.
Customer Retention Rates: High retention rates suggest that a business is effectively meeting customer needs.
Revenue Growth: Consistent revenue growth reflects a business's ability to capitalize on market opportunities.
Product Development Cycle: A shorter product development cycle indicates a business's agility in responding to market demands.

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