The phenomenon that describes corporations as evolving through relatively long periods of stability punctuated by relatively short bursts of fundamental change is known as
A) revolution.
B) equilibrium.
C) punctuated equilibrium.
D) logical incrementalism.
E) discontinuity.

Question

Quizplus · Accepted Answer

The phenomenon described in the question is known as punctuated equilibrium. This theory suggests that organizations go through long periods of stability, with occasional major changes or disruptions. These changes may be prompted by external factors such as technological advancements or changes in market conditions, or internal factors such as new leadership or strategic shifts. Overall, punctuated equilibrium suggests that change is not constant in organizations but rather occurs in bursts separated by periods of relative stability.

The Phenomenon That Describes Corporations as Evolving Through Relatively Long