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Due to a recent patent expiration, a new industry - wide computer chip design has been released. As a result, the company that develops and
Due to a recent patent expiration, a new industrywide computer chip design has been released. As a result, the company that develops and produces the chip fastest will have a significant increase in revenue and market share. The HR department at Clearwater Electronics responds quickly to the patent expirationa feature of the external environmentby hiring more innovative employees who can help with the implementation of the chip. Which of the following statements best describes the necessity for Clearwater Electronics to respond quickly to the external environment?
Organizations that respond quickly to the external environment can often capture the best talent available.
Organizations that respond quickly to the external environment can better comply with government and legal regulations.
Organizations that respond quickly to the external environment are often on the cutting edge of technology and know how to hire the new generation of workers.
Organizations that can respond quickly and efficiently to the external environment often have a competitive edge over their competitors.
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