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What is the "boiled frog" phenomenon?

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Search the Internet to find the term "boiled frog" phenomenon.

1. What is the "boiled frog" phenomenon? (1 paragraph)

2. How does it apply to business and, particularly, strategic management? (1 paragraph)

3. Do some research to find a business example of a situation where this has occurred. (1 paragraph)

4. What could the business have done to avoid the effects of the phenomenon? (1 paragraph)

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Solution Summary

Search the Internet to find the term "boiled frog" phenomenon.

1. What is the "boiled frog" phenomenon? (1 paragraph)

2. How does it apply to business and, particularly, strategic management? (1 paragraph)

3. Do some research to find a business example of a situation where this has occurred. (1 paragraph)

4. What could the business have done to avoid the effects of the phenomenon? (1 paragraph)

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1. When we put a frog in a boiling water, it will immediately jump out of the water to save his lives. Instead, if we put a frog in a cold water and slow turn on the heat, it will not recognize the threat and will slow become unconscious and allow itself to die. In other words, the frog has the capability to recognize immediate or sudden threats to this life, but unable to recognize the slow or gradual threats ...

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