The environmental condition characterized by rapidly escalating competition, high uncertainty, heterogeneity of players and constant disequilibrium and change is sometimes called 'the Red Queen effect' after a passage from Lewis Carroll's 'Through the Looking Glass'

Question

Quizplus · Accepted Answer

Yes, the statement is true. The Red Queen effect refers to the idea of constant competition and adaptation in a changing environment, which is described in Lewis Carroll's book.

The Environmental Condition Characterized by Rapidly Escalating Competition, High Uncertainty