I don’t understand this Business question and need help to study.
Please answer the below question:
The author of the Transient Advantage article discussed several traps that can blind a company to the need for imminent changes to their strategy to preserve competitive advantage. Using the company of your choice, provide an example where the company fell victim to one or more of these traps. Discuss why you believe the company’s management missed the warning signs, and what recommendations you would make to ensure they don’t fall into the trap in the future.