in at least 200 words, explain in the business paradigm explain, explore, react and reflect.
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Answer:
The term paradigm shift refers to a major change in the concepts and practices of how something works or is accomplished. A paradigm shift can happen within a wide variety of contexts. Paradigm shifts often happen when new technology is introduced that radically alters the production process or manufacturing of a good or service. These shifts are key drivers in many of the processes that a society undergoes such as the American Industrial Revolution.
Although the idea of paradigms has been around for quite some time, the concept of paradigm shifts was explored by American physicist and philosopher Thomas Kahn Kuhn in his book "The Structure of Scientific Revolutions." Kuhn contested that paradigm shifts characterize a revolution to a prevailing scientific framework. They arise when the dominant paradigm, under which normally accepted science operates, is rendered incompatible or insufficient, facilitating the adoption of a revised or completely new theory or paradigm.
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