Task;:
Provide an example of a company that has, thus far, successfully avoided sliding into the decline stage of the organizational life cycle? Why do you think it was able to do so?
Response to about 150 words.
1. Make a short response about the above question, and also reply a short comment to the below response.
A company that has avoided the decline stage in the organizational life cycle is Amazon. Originating as an online bookstore, Amazon has consistently reinvented itself to prevent going into decline by creating new sources of revenue. By going from a bookstore to going to a full online retailer to then producing its own electronics such as the Kindle and now is the world's largest provider of cloud infrastructure. By consistently reviving itself during the maturity stage, Amazon has done of introducing new products and services have enabled Amazon to regain growth and by avoiding the decline stage, Amazon, is now the world's most valuable retailer