Turbulent, high-velocity markets
Turbulent, high-velocity markets is industries that are changing very fast, such as telecommunications, medical, biotechnology, pharmaceuticals, computer hardware, software, and virtually all internet-based industries).
Definition
According to the Strategic Management by David and David (15th edition),
- Turbulent, high-velocity markets. Industries that are changing very fast, such as telecommunications, medical, biotechnology, pharmaceuticals, computer hardware, software, and virtually all internet-based industries).