As You Read Through the Text, You May Be Looking

question 33

Essay

As you read through the text, you may be looking for secrets of success in doing business globally. This chapter gives IBM as an example of a firm that has been very successful. What did it say about the problem of identifying the reason for IBM's success? If the reason for success cannot be determined, should we abandon any attempt to develop a rational strategy and simply depend on luck?

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Definitions:

Immunological Theory

A theory proposing that the immune system plays a significant role in the aging process by becoming less efficient over time.

Wear-And-Tear Theory

A concept suggesting that the body ages as a result of accumulated damage and degradation of cells and tissues over time.

Variable-Rate Theories

Theories that explain biological aging as a result of processes that involve damage to biological systems and that vary from person to person.

Environmental Assaults

External factors or actions that cause harm or damage to the environment and living organisms.