ADMS 1010 Lecture Notes - Lecture 9: Ikujiro Nonaka, Peter Drucker, Intellectual Capital

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Adms 1010, exploring the functions of business november 19, 2018. In the upcoming years, businesses will be facing numerous challenges and to prosper in society they must adapt to the changing environment which will require a lot of innovation and entrepreneurship. For companies to be successful they need to adapt to constantly changing consumer needs, and various different things such as environmental, political, and economic factors. My views somewhat align with that of alperovitz, only that i believe that there will be more challenges that businesses will be facing mainly the political factor along with the already mentioned environmental factors. Businesses must adapt to both of these changes in order to prosper.

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