Examlex
According to Thomas Friedman, what are the three powerful forces which helped in the convergence of the 10 isolated and world-shaping events?
a.new software and increased public familiarity with the Internet
b.the incorporation of that knowledge into business and personal communication, and
c.the market influx of billions of people from Asia and the former Soviet Union who wanted to become more prosperous, fast.
Converging, these factors generated their own critical mass.The benefits of each event became greater as it merged with another event.Increased global collaboration by talented people without regard to geographic boundaries, language, or time zones created opportunity for billions of people.
Responsive
The capability of reacting quickly and positively to changes or demands in the environment.
Uncertainty/Responsiveness Map
This map visualizes the relationship between the uncertainty faced by an organization and its ability to respond effectively, aiding in strategic planning.
Responsiveness Spectrum
Describes the range of a company's ability to adapt its operations and processes to meet market changes and customer demands.
Strategic Fit
The degree of alignment between an organization's strategies and the external environment in which it operates.
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