Which concept below can be defined as an effect that occurs when organizations fail to keep up with emerging innovations, putting themselves in danger of missing lucrative opportunities to capitalize on them?
A) net losses
B) innovation sparcity
C) organizational cultural lag
D) idea extinction

Question

Quizplus · Accepted Answer

Organizational cultural lag refers to the situation where an organization's culture or practices fail to keep pace with technological or market innovations, leading to missed opportunities and potential disadvantages in the competitive landscape. This concept highlights the importance of adaptability and the risks of stagnation.

Which Concept Below Can Be Defined as an Effect That