Question

Which of the following companies is mostly likely operating in dynamic environment?

Answer 1

Since the options are not given, I am giving an assumed answer.

The answer could be - A company that manufacturers Video games.

A dynamic environment is one in which the rate of change is quite fast. A company that makes video game faces short product life cycles and rapid changes in technology.

The environment of the video game making company is constantly changing. They are always changing the way their products are made in order to make them faster and better. They also are constantly coming out with new video game devices and new games for people to buy.

Answer 2

Nothing remains the same. This underlies strategic management, which looks to gain by the change. Obviously, rates of progress shift, calling for various techniques.

Quick change portrays dynamic environment- energetic marketplace activity, new and developing items, extending markets, propelling innovation, social upheavals - and fast change, for the most part, incorporates vulnerability.

To adjust, the small business ought not just realize that quick moving conditions and some level of unpredictability speak to a dynamic environment, yet additionally should know where to search for indications of quickening change.