The term Darwinism is important because it indicates
A)the randomness of existing companies.
B)that the surviving companies are the best in the absolute sense.
C)the capability to transform as the external environment changes.
D)the existence of a higher intelligence that promotes success.

Question

Quizplus · Accepted Answer

Darwinism, in the context of business and organizations, refers to the idea that entities must adapt to their changing environments in order to survive. It does not necessarily imply that the surviving companies are the best in an absolute sense, nor does it suggest randomness, or the existence of a higher intelligence guiding success. Instead, it emphasizes the importance of adaptability and transformation in response to external changes.

The Term Darwinism Is Important Because It Indicates