High Velocity Environments
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What is meant by the term high-velocity environment? Why would managers in high-velocity environments worry more about the present than the future?
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This solution discusses the term high-velocity environment and why managers worry more about the present than the future in about 176 words.
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The term high-velocity environment refers to an environment in which there is rapid and discontinuous change in demand, technology, regulation and competitors, to the point that information can be unavailable, inaccurate or obsolete. High tech firms often exist within ...
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