The least likely trajectory of renewal that a firms go through is a transition from a chaotic state to flexible, planned and rigid states

Question

Quizplus · Accepted Answer

This statement is incorrect. It is possible for a firm to transition from a chaotic state to more structured and planned states through a process of renewal and transformation efforts. However, it may not always result in a completely rigid state as flexibility and adaptability are important for the survival and growth of firms in dynamic environments.

The Least Likely Trajectory of Renewal That a Firms Go