The turbulent period of the 1970s in the U.S. demonstrated a need for companies to adopt anticipatory visions of their futures and a long-term orientation rather than counting on the future being much like the past.

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The 1970s in the U.S. were marked by economic instability, oil crises, and rapid technological changes, highlighting the importance for companies to plan for uncertain futures rather than relying on past trends.

The Turbulent Period of the 1970s in the U