For much of the twentieth century, organizations operated in a world that was relatively stable, but today the environment can be characterized as turbulent.

Question

Quizplus · Accepted Answer

This statement is true. In the past, organizations could rely on consistent markets, predictable consumer behavior, and minimal technological advancements. However, today's environment is characterized by rapid changes in technology, markets, economy, and consumer preferences, making it unpredictable and volatile. Organizations must be flexible and adaptable to survive and thrive in this turbulent environment.

For Much of the Twentieth Century, Organizations Operated in a World