3.6.1 causes and effects of change, 3.6.2 key factors in change Flashcards

1
Q

Downsizing

A

rethinking staffing numbers and the organisational structure needed given that sales revenue has fallen; often used as a euphemism for redundancies

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2
Q

PESTLE

A

Key external factors that impact on business objectives and achievements: poltical, economic, social, technological, legal, environment

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3
Q

disruptive change

A

this kind of change happens suddenly, unpredictably and with a sustainable impact that shakes up the whole market

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4
Q

Incremental change

A

this kind of change occurs in small, gentle steps, allowing the business to adapt gently

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