It is very interesting to study how Organizations and Businesses grow, evolve, change, mature and also decline over a period of time. Organizations are very similar to living entities that respond, react and evolve in relation to the external and internal environment that surrounds them. The survival and growth is entirely dependent upon the continuous exchange of the external and internal environment that keeps happening all the time.
History tells us of how trade became the key driving factor that pushed the throne of England to colonize the world. Post World War II, we see the industrial revolution changing the face of people’s life.