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It is adaptive in that the individual and collective behavior mutate and self-organize corresponding to the change-initiating micro-event or collection of events. [ 1 ] [ 2 ] [ 3 ] It is a "complex macroscopic collection" of relatively "similar and partially connected micro-structures" formed in order to adapt to the changing environment and ...
A systematic review of 50 years worth of literature defined organizational adaptation as "intentional decision-making undertaken by organizational members, leading to observable actions that aim to reduce the distance between an organization and its economic and institutional environments".
In the life sciences the term adaptability is used variously. At one end of the spectrum, the ordinary meaning of the word suffices for understanding. At the other end, there is the term as introduced by Conrad, [3] referring to a particular information entropy measure of the biota of an ecosystem, or of any subsystem of the biota, such as a population of a single species, a single individual ...
In human social systems it is demonstrated by the stability of social relations, the maintenance of social capital and economic prosperity. [ 3 ] Building adaptive capacity is particular important in the context of climate change, where it refers to a latent capacity - in terms of resources and assets - from which adaptations can be made as ...
Successful adjustment can also be determined by the ability of the individual to address the core problem and employ coping strategies to help individuals adjust to a changing environment. Coping is known as the conscious effort to implore strategies to manage, reduce, or adapt to the challenges and pressures posed by stress. It encompasses a ...
“Uncertainty always comes with economic transitions,” he said. “Potential shifts in trade policies, manufacturing costs or interest rates could directly impact sourcing and operations.”
How strongly economic and social mobility are related depends on the strength of the intergenerational relationship between class and income of parents and kids, and "the covariance between parents' and children's class position". [28] Economic and social mobility can also be thought of as following the Great Gatsby curve. This curve ...
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals. Human economic systems undergo a number of deviations and departures from the "normal" state, trend or development.