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INTRODUCTION

" The growth of a large business is merely the survival of the fittest : it is merely the working out of a law of nature"
John D Rockefeller

Population ecology is a perspective that seeks to explain the factors that affect the life cycles of organizations. It also suggests why some organizations survive for longer than the others. Earlier theories such a the such as the strategic choice theory argued that organizations try to adapt to changing environments and the ones that do it successfully survive. The population ecology perspective states that it is the environment that selects organizations that will survive over time and organizations have no say in this matter.

It draws from the Darwinian theory of natural selection that sates that organisms with favorable traits are more likely to survive . Alchian in 1950 pointed out the process of natural selection which the environment imposes on firms and the......

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Approximate Word Count: 2826
Approximate Pages: 12 (250 words per double-spaced page)

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