The ___________ is a metaphor used in business to suggest that a firm needs to constantly think of improving, even to remain where it is at a given time
A) Red queen effect
B) Gazelles effect
C) Elephants effect
D) Blue queen effect

Question

Quizplus · Accepted Answer

The Red Queen effect is a metaphor derived from Lewis Carroll's "Through the Looking-Glass," where the Red Queen tells Alice that "it takes all the running you can do, to keep in the same place." In business, it suggests that companies must continuously innovate and improve just to maintain their current position in the market, due to constant competition and technological advancement.

The ___________ Is a Metaphor Used in Business to Suggest