Question

According to the ____theory, companies go through long, simple periods of environmental stability, followed by short, complex periods of dynamic, fundamental environmental change, finishing with a return to environmental stability.

Answer 1

Answer:

Punctuated Equilibrium theory

Explanation:

As stated by the "theory of Punctuated Equilibrium", the organization often experience both dynamic as well as external environments and also goes by long and periods which are simple related to environmental balance and as well as continued by short.  

For example: United States airline industry. e.t.c.

Punctuated Equilibrium theory is basically a theory which is related to understanding as well as analyzing the process of change.