Boiling Frog phenomenon
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Search the Internet to find the term "boiled frog" phenomenon. What is the "boiled frog" phenomenon? How does it apply to business and, particularly, strategic management? Do some research to find a business example of a situation where this has occurred. What could the business have done to avoid the effects of the phenomenon?
Apply critical thinking skills to analyze business situations.
Identify examples of good and bad business practices in the use of strategy design components.
Recognize situations that present potential legal and ethical issues and develop solutions for those issues.
Use effective communication techniques.
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Solution Summary
Search the Internet to find the term "boiled frog" phenomenon. What is the "boiled frog" phenomenon? How does it apply to business and, particularly, strategic management? Do some research to find a business example of a situation where this has occurred. What could the business have done to avoid the effects of the phenomenon?
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As per boiling frog phenomenon, if you drop a frog in a pot containing boiling water, it will immediately try to jump out of the water in order to save his life from boiling water. However, if the frog is put in a pot containing tepid water which is being gradually heated on a low flame, the frog will not jump out of the water and will fail to realize that the water that is being slowly heated can kill his life and thus, he will continue to float there quite placidly and allow himself to be boiled to ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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