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If organizations do not adapt fast enough and move incrementally from the twentieth-century model to the...

If organizations do not adapt fast enough and move incrementally from the twentieth-century model to the twenty-first, they will fail. Do you agree or disagree? why?

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Answer #1

I agree.

In the twenty first century, technology is moving fast and this is disrupting the way business processes are conducted. Also, old business models are being discarded for newer business models. Firms which cannot adapt to these changes will fail to survive in the long-term.

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