Managers Must Plan For Changes In The Environment

Business Essay Question: Managers must plan for changes in the environment in which the business ope identifys. The business environment is a dynamic one; it is constantly changing. When considering change, managers must consider the conjure up on of change on all stakeholders. Describe: temper and witnesser of change Explain: How change can be managed in a socially responsible manner outside(a) Sources of form include: world(prenominal)/International changes include the change in engineering (e.g. the internet has allowed easy access to markets all oer the world). Customers want the akin product (standardise, dont chase away time differentiating). domestic/National changes include the need for burst quality and jimmy; products need to be environmentally amiable delinquent to more activists and the rise in environmental safety. Consumers occupy a bulky variety of products and atomic number 18 lately becoming health certified which requires businesses to adapt to the turn trends. Economic allow for affect favourableness levels for businesses. Changes in the deli very(prenominal) (rescissions/booms) allow for have a groovy impact on inn including the confidence of consumers and how certain they are spending, the employment rate of the country, people wont want to invest due to worries of heavy loss (rescission), the profitability of a business and inflation.

or so older businesses may not pick out with the expert change in todays society and will be crushed in the now cyber market. Although technology gives us growingd reliability, decrease in staff costs, increase quality of prod ucts (machine made) and is very efficient an! d productive there is besides the downside which include the costs, maintenance, re-training employees and pleonasm payouts. Some consumers want to stick with trends and hammer statements, for example near people what to eat healthy and some want the up-to-the-minute technological items. Businesses which meet these needs will be offend off than ones that dont. Internal Sources of Change include...If you want to astound a full essay, order it on our website: BestEssayCheap.com

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