The ability to manage change is such an important organizational competency that some scholars believe it is the only form of sustainable competitive advantage.

Question

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Managing change is crucial for organizations to remain competitive and adaptive to evolving market conditions or customer needs. It allows them to innovate, improve processes, and respond quickly to disruptions. As such, some scholars argue that the ability to manage change is the only sustainable competitive advantage, as all other forms of competitive advantage can be replicated or overtaken by competitors.

The Ability to Manage Change Is Such an Important Organizational