Boiled Frog Phenom

The “boiled frog” phenomenon is a business term of significance to business in general and to strategic management in particular. Based on your research, please describe how this phenomenon applies to business and particularly to strategic management?

Share a specific business/company example; discuss the particular situation where the Boiled Frog phenomenon occurred. What reason(s) do you attribute this particular phenomenon to? What could the business have done to avoid the effects of the phenomenon?

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