As organizations age, they tend to become less flexible and innovative.

Name: As organizations age, they tend to become less flexible and innovative.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because processes and procedures become more rigid and established, which can stifle creativity and make it harder to adapt to changes in the market or industry. Additionally, older organizations may be more focused on maintaining their current position rather than taking risks to try new things.

As Organizations Age, They Tend to Become Less Flexible and Innovative