Rapidly changing business environment

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Rewrite Conversely, flexibility is critical for any organization in today's rapidly changing business environment. The ability to adapt to new circumstances and adjust quickly can mean the difference between success and failure (Bowersox et al., 2020). For a company to succeed, organizations must be able to change direction quickly, respond to new opportunities, and experiment with new ideas. Flexibility also allows organizations to be more responsive to their customers' needs (Bowersox et al., 2020). By rapidly adapting to changes in client demand, they can better meet their customer's expectations and keep them happy (Bowersox et al., 2020). In today's constantly connected world, where customers can easily take their business elsewhere if they are not satisfied, it is vital that companies do everything they can to attract and retain them. Therefore, Apple company had to outsource some of its activity to achieve flexibility.

Reference no: EM133664443

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