Answer:
The correct answer is have the ability to quickly adapt to change.
Explanation:
The scientific literature on organizational management shows how the complexity in which business is developed today forces organizations to deal with a hyper-competitive environment in which changes occur at a speed not previously known. In this context, the interest in the dynamics that organizations develop in order to adapt in this changing environment has gained extraordinary interest in recent decades. Thus, the pace with which organizations manage to adapt to changes, supported by their processes and their human capital, is revealed as essential for their survival and success.
From the point of view of organizational behavior, we would define the ability to adapt as the ability of organizations to change themselves in order to cope with the non-predicted changes that occur in their context of action. That is to say, to adapt is to vary the way in which the organization behaves to deal with those changes that were not precisely foreseen when the organization was designed.
Answer:
The opportunity of exploiting market niches is highlighted in the given scenario.
Explanation:
A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation.
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Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019
China, India and Brazil are some of the largest growing global businesses. These come from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages.
Efficiency i believe <span />
Well this may not be me answering it but this guy is a lot of help tho
