Select all that applyThe reasons why industries such as biotechnology and telecommunications require flexible organization structures are:Multiple select question.the life cycle of ideas is shortrapid decision making is not necessarythat creativity is importantthat competition is stiff
Question
Select all that applyThe reasons why industries such as biotechnology and telecommunications require flexible organization structures are:Multiple select question.the life cycle of ideas is shortrapid decision making is not necessarythat creativity is importantthat competition is stiff
Solution
The reasons why industries such as biotechnology and telecommunications require flexible organization structures are:
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The life cycle of ideas is short: In these industries, new ideas and technologies are constantly being developed. A flexible organization structure allows these industries to adapt quickly to these changes and implement new ideas before they become obsolete.
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That creativity is important: A flexible organization structure encourages creativity and innovation. It allows employees to think outside the box and come up with new ideas, which is crucial in industries like biotechnology and telecommunications.
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That competition is stiff: In these industries, companies are constantly competing with each other to come up with the next big idea or technology. A flexible organization structure allows these companies to adapt quickly to changes in the market and stay ahead of their competitors.
So, the correct options are "the life cycle of ideas is short", "that creativity is important", and "that competition is stiff".
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