Answer:
False
Step-by-step explanation:
Status quo is a preference for things to remain as they are. It is a dislike for change. Maintaining the status quo is easy as it does offer any challenges to managers. The status quo relies on techniques and policies that have been successful in the past and hoping they will work in the present and future.
In the current business environment, innovation is no longer a luxury but a necessity to survive in competitive markets. Business leaders are always in search of better ways to make their products and services more appealing to customers. Organizations that insist on the status quo are finding it difficult to operate in the ever-changing and evolving business environment.