The process by which firms impact the nature of their overarching industrial environment and alter their organization in response to evolving contextual factors is called _____.

Question

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Mutual adaptation refers to the processes by which firms impact their overarching industrial environment and alter their organization in response to evolving contextual factors. Business process reengineering is a specific management strategy for improving efficiency and productivity within an organization, while vertical and horizontal specialization refer to the division of labor within an organization or industry.

The Process by Which Firms Impact the Nature of Their