Question

According to gary hamel, the real competition has always been between select one:

a. A new economy and an old economy.

b. The internet and physical stores.

c. Newcomers and the old guard.

d. Distributors and suppliers.

e. Production and service.

Answer 1

Answer:

According to gary hamel, the real competition has always been between select one:

a. A new economy and an old economy.

b. The internet and physical stores.

c. Newcomers and the old guard.

d. Distributors and suppliers.

e. Production and service.

Answer 2

According to Gary Hamel the real competition has always been between Newcomers and the old guard.

Option: (c)

Explanation:

• Gary Hamel had his theory based on how the management was structured and managed that resulted in achieving its objectives.  

• In the dynamic industry, it is necessary to change to the new management principles from the old traditional thought process.

• The new management principles are becoming a part of every company’s strategies.  

• Just like the internet has evolved very fast which is in direct link with an organizational model where the managers need to adapt to the new changes from the old guard.