Practicing Success
With the rise in demand for e-novels, companies started developing electronic books instead of printing them physically.' Which point of importance of the business environment is reflected in the above example? |
Tapping useful resources Improving performance Coping with rapid changes First mover advantage |
Coping with rapid changes |
The point of importance of the business environment reflected in the above example is Coping with rapid changes. The rise in demand for e-novels led to a significant shift in the way companies operate, prompting them to adapt to the changing market trends. The decision to develop electronic books instead of printing them physically demonstrates an ability to cope with the rapid changes in consumer preferences and technology within the business environment. |