Companies go through long,simple periods of environmental stability followed by short,complex periods of dynamic,fundamental environmental change,finishing with a return to environmental stability. Which theory states this?

Question

Quizplus · Accepted Answer

The punctuated equilibrium theory states that companies go through long periods of environmental stability (equilibrium) followed by short periods of fundamental environmental change (punctuation), and then return to environmental stability again. This theory proposes that environmental change is not a continuous and gradual process but rather occurs in bursts.

Companies Go Through Long,simple Periods of Environmental Stability Followed by Short,complex