All of the Following Are Features of Hypercompetition EXCEPT

question 33

Multiple Choice

All of the following are features of hypercompetition EXCEPT:

• A) "Creative destruction" and innovation have made competition intense.
• B) Time periods of competitive advantage have shortened.
• C) Revenue making potential has increased.
• D) A firm must have a "sequence" of innovations in order to remain viable.

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Definitions:

Organizational Change

The process through which a company or organization undergoes a transition to a different state, often involving significant shifts in operations or culture.

Planned Organizational Change

The deliberate process of implementing new methods or practices within an organization to improve efficiency or adapt to new circumstances.

Effective Change Programs

Initiatives or strategies designed to implement and manage change within an organization successfully, ensuring minimal resistance and achieving desired outcomes.

Organizational Change Situation

A state or condition wherein an organization undergoes a transition to modify its strategies, processes, structures, or culture.