Thursday, July 25, 2019
DB1 Essay Example | Topics and Well Written Essays - 500 words
DB1 - Essay Example Baets (2006, Pg. 65) contend that the frog put on a steadily increasing temperature the frog enjoys the temperature and forgets the heat has become too much and, it eventually collapses and eventually boils inside the water. The boiled frog phenomenon applies in businesses in the way it identifies the threats they face that might interfere with their survival especially in the early and growth stages of the business. These stages of growth of a business are the best time for the business to put plans for a particular threat that the organization is facing in an appropriate time before it is too late. The boiling frog phenomenon is important in businesses because it helps the business in identifying and reducing change threshold and hence the business will be able to identify the small changes that take place in the environment. Burton (2007, Pg. 20) states that an organization may fail to monitor their operations by not understanding, negligence or even due to greed. This sort of behavior usually represents complacency of the worst forms. A retail company for instance expanded and opened various stores thereby employing more employees. This company concentrated on its topline and never put interest on other important factors such as strengthening the network of supply chain. The business went on well until when the stock of goods in the present in the store became few. The stores became empty after the suppliers failed to supply commodities to the various stores. If the frog did not alter its motive of staying put by using investors and the investors, it did not jump out of the boiling water because its ability to detect the incremental water temperature. The frog will not jump out of the water because the water is not hot enough to harm it. The retail store should have realized the changes and made efforts to find suppliers who would supply commodities to
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