In recent years, organizations have become more decentralized to be responsive to a dynamic business environment.
A dynamic environment is a rapidly changing business environment. Dynamic markets require companies to adapt quickly to change, develop new ideas, products and services, and keep up with technology and new trends.
A dynamic environment is characterized by environmental uncertainty, which limits a manager's ability to make decisions (Soin & Paul, 2013. (2013). Risk and Risk Management in Control and Accounting.
The environment is dynamic in nature and is constantly changing. This motivates managers to continuously update their knowledge and skills. This allows you to prepare for expected or unexpected changes in the business world.
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