Managerial Economics 2nd Edition by William Boyes

تمرين 22

It is often said that in today's world, gale-like market forces-rapid globalization, accelerating innovation, relentless competition-have intensified what economist Joseph Schumpeter called the forces of "creative destruction," so that even the best-managed companies aren't protected from this destructive clash between whirlwind change and corporate inertia. What does this mean? Would you agree that even the best managed companies are not protected?