Two ways organizations interact with trends


Problem: Companies need to keep track of trends so they can change to address them. There are two ways organizations interact with trends. One is when a change in the external environment forces companies to make changes in the way they function. The second is when the internal actions of companies trigger off a trend in the external environment. Give one example of each kind of trend using a real-life example. Suggest ways in which these companies could have anticipated the trends and prepared for them.

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