The top-down approach cannot be applied to companies in mature industries.

Question

Quizplus · Accepted Answer

The top-down approach can be applied to companies in mature industries, but it may not be as effective as it would be for companies in emerging or rapidly changing industries. In mature industries, there is often a well-established hierarchy and clear structure that can be used to implement a top-down approach. However, the approach may not foster innovation or adaptability in the same way it would in a company trying to disrupt an industry or develop new markets.

The Top-Down Approach Cannot Be Applied to Companies in Mature