January 17, 1993 |
There is no finish line in the race to business success. Instead, victory goes to the most lithe competitors--those ready to adapt to swift technological change and global challenge. The challenges are especially brutal in California, where the recession is deepest and the competition most profound. But for all the handwringing, the fact is that many California companies--especially manufacturers, but a smattering of service firms as well--have found ways to expand and be profitable.